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Retail industry

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City split on whether economy is heading for the rocks or still in robust health

Article Abstract:

Issues raised by falling inflation in the UK are discussed. Some observers believe that this trend should be tackled through a cut in interest rates.

Author: Thornton, Philip
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
Prices, Inflation (Finance), Inflation (Economics)

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Rate cut designed to bring economic equilibrium

Article Abstract:

Fears that the British economy is headed for recession have led the Bank of England to reduce interest rates from 5.25 percent to five percent. Economic indicators are examined in detail.

Author: Garrett, Jade, Thornton, Philip
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
Banking Institutions, Depository Credit Intermediation, DEPOSITORY INSTITUTIONS, Economic aspects, Banks (Finance)

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Central banks ready to avert credit crunch with rate cuts and liquidity

Article Abstract:

The world's leading central banks may cut interest rates in order to prevent a financial market crisis or economic downturn following the terrorist attacks in the US. Trading has been cautious amid fears that the events in the US could cause the collapse of an already weakening economy.

Author: Thornton, Philip
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
Analysis, Planning, United States economic conditions

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Subjects list: United Kingdom, Interest rates
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