BoE

[SimonPB]

cuts .25, new rate = 5.25%

[john_1]

why would our market go up when the ftse goes down? I am glad I stepped aside for this one.

[Electrox]

Because we lagg here in SA. everything lags. Seen a lot lateley wherer we up and everyone else is down. Who are our leading markets these days?

[platsak]

Isnt this supposed to be good news?

[asylum]

Well yes and no maybe only a 0.25% % cut is telling the market that things are slowing down and we need to get things going but at the same time inflation is rearing its ugly head, so market reacts negatively.omo

[#6]

England's benchmark rate is still the highest among the group of seven nations.Its good news but I think -.50 was going to turn things around.