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Carney overhauls Bank of England's interest rate policy as interest rates set to stay at record low
The Governor of the Bank of England has announced a change to the way the Bank's interest rate policy is decided as he suggest the base rate of lending will stay at its record half-a-per cent low for another year.
Mark Carney said the Bank's policy will be determined by wider indicators and not just by unemployment.
We hear the City's reaction to the news from James Hughes, financial market commentator at global forex trader Alpari.
http://www.alpari.co.uk
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By SportsmediaThe Governor of the Bank of England has announced a change to the way the Bank's interest rate policy is decided as he suggest the base rate of lending will stay at its record half-a-per cent low for another year.
Mark Carney said the Bank's policy will be determined by wider indicators and not just by unemployment.
We hear the City's reaction to the news from James Hughes, financial market commentator at global forex trader Alpari.
http://www.alpari.co.uk