Thursday, January 08, 2004

UK interest rates remain on hold

Slowly thinking I understand how it all works... The pound is quite strong, but mostly (at the moment) because the dollar is so weak, and getting weaker... However, if the dollar crashes, and UK interest rates get put up over the next year, then what does it mean? What does it meeeeaaan?? Will the UK economy suffer if the US one does? If it does, and consumer confidence plummets, how much damage will we take?

Ah well... Sun's out :)

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