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is the only way up for the base rate?
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4-16-2009 11:23 AM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/93008e7b-4ddb-4936-880b-8f1f9e3dd903/65FE0D86-9936-4C2B-91C8-F867817EB377/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.freelancesupermarket.com/news/2008/04_2009/base-rate-the-only-way-is-up.aspx" href="http://www.freelancesupermarket.com/news/2008/04_2009/base-rate-the-only-way-is-up.aspx" style="font-size: 11px;">www.freelancesupermarket.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.freelancesupermarket.com/news/2008/04_2009/base-rate-the-only-way-is-up.aspx"><P class="box-title">Base Rate: The only way is up?</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.freelancesupermarket.com/news/2008/04_2009/base-rate-the-only-way-is-up.aspx"><H2>The Bank of England has announced that it is to keep interest rates at 0.5% while it assesses the impact of its moves to revive the economy through quantitative easing. </H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.freelancesupermarket.com/news/2008/04_2009/base-rate-the-only-way-is-up.aspx"><SPAN class="font-10pt">Expectations that the interest rate will remain at 0.5% follow a series of optimistic signs that the economy may have begun to emerge from the sharpest phase of the <A href="http://www.freelancesupermarket.com/news/2008/03_2009/workers-feel-the-pressure-in-recession.aspx">recession</A>.</SPAN></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.freelancesupermarket.com/news/2008/04_2009/base-rate-the-only-way-is-up.aspx"><P class="font-10pt"> Consumer confidence has risen for two months in a row, and there have been indications that the crash in the housing market is easing, with <A href="http://www.freelancesupermarket.com/calculators/mortgage-calculator.aspx">mortgage approvals</A> increasing from very low levels for several months. The Nationwide Building Society also reported that house prices rose by 1.9 per cent last month. Separate figures indicated that mortgage approvals also rose in February. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.freelancesupermarket.com/news/2008/04_2009/base-rate-the-only-way-is-up.aspx"><div align="center"><img src="http://content9.clipmarks.com/blog_cache/www.freelancesupermarket.com/img/3040090D-F036-4B74-8BFC-32AA6EA0F7FD" alt="UK Base Rate: The only way is up?" /></div></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/65FE0D86-9936-4C2B-91C8-F867817EB377/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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