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Interest rates remain unchanged at 0.5%
Today the Bank of England kept interest rates at 0.5% - at the same level they have been since March 2009.
Commenting on the latest Bank of England announcement, Tony Rice from Bedfordshire-based specialist mortgage and insurance brokers TMP Mortgage Zone, said: "With the economic recovery still fragile and a forthcoming election, it came as no surprise that there was again no change in the base rate. With inflation falling from 3.5% in January to 3% in February there was also less pressure to raise interest rates to try and meet the current government target of 2% inflation."
[ 08-04-2010 ]
