what time Locally is the BOE annoouncement?

[scandal]

anyone know?

[RDB]

14:00

[SimonPB]

an ecb at 14H45. Both expected to be left unchanged.

[Electrox]

what is the BOE? and ECB?

[SimonPB]

bank of england & european central bank

[#6]

If they decide to lower rate what potential effect will it have on our banks?

[Electrox]

thanks. what is the expected results then?

[asylum]

The Bank (TBHS - news) of England is expected by a majority of analysts to keep borrowing costs on hold at its monthly rate-setting meeting, but the decision whether or not to cut interest rates will be finely balanced. Of those polled by TFN, only eight out of 36 economists thought the rate-setting Monetary Policy Committee will cut its benchmark Bank rate for the second month running to 5.25 pct, but all think rates will be lower by February.

[#9]

lets hope for a cut as that will power gold over 900 instantly.

[saash]

... and strengthen the rand. Which will ultimately improve business confidence and ease inflation which will make it likely that we get a cut too ... which will all be good for our markets.

[SimonPB]

BoE leaves unchanged and FSTE dropping .

[scandal]

dow dropped 30 pts during the announcement.

[asylum]

and the ftse dropped 40 points on the news.

[SimonPB]

an now ECB also unchanged .