Global markets respond to historic rate cuts

Thursday, December 04, 2008

The financial markets open just as the Bank of England and the European Central Bank dramatically slash rates.
"Politically, nobody wants to say that; it's very much the agenda that politicians say that banks should be passing on the full cut to their customers, but actually there's a good case for saying maybe not quite all of it should be going on."
— Andrew Walker on the BOE rate cut

Guests:

Andrew Walker

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