Analysts reacted with shock yesterday as the interest rate was raised. The rise was not expected until next month at least. However, the rise was necessary to curb inflation.
Mervyn King said "I nearly packed my darts away and went home today. You nearly didn't have a quarter per cent rise. It was that close."
Read all about it...
On packing his darts away...
"It was that close..."
Saturday, 13 January 2007
Mervyn King Raises Interest Rate
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