UK interest rate cut again
March 5, 2009 1:41pm CST
Today, the Bank of England has cut the UK base interest rate to 0.5% and as well as this,it is going to print an extra £75 billion to try and get the economy going. And if that does not work, that are prepared to print another £75 billion. All this sounds like desperation to me. What do y'all think about this?