Economists said the figures would pile pressure on the Bank of England to cut interest rates tomorrow. percentage-point rate cut from the Bank of England on Wednesday. The Fed, ECB, Bank of England and Sweden's Riksbank lowered their main rates by a half point. Locally, the Bank of England cut its key rate by a half point, to 4.5%. See related story. The ECB cut rates to 3.75 percent while the Bank of England took its rate to 4.5 percent. But a new exhibition claims to have exploded the myth that he quit as Secretary of the Bank of England because of the strain it was putting him under. Q Can you offer any advice on future Bank of England base rate predictions? I ask this as I am considering a tracker mortgage.
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