8 May 2001, 10:19 OUTLOOK: BoE MPC to cut repo rate by 0.25 pct to 5.25 pct on May 10
LONDON (AFX) - The Bank of England's Monetary Policy Committee is
widely expected to lower the repo rate to 5.25 pct on Thursday, with
all 22 economists surveyed by AFX News looking for a 0.25 pct
reduction.
According to the median estimate of those analysts polled, the
chance of a 0.25 point decrease in the Bank's repo rate is put at 60
pct.
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