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A holding pattern on UK interest

by Sumeet Desai

THE Bank of England held interest rates at 5 percent for the second month running yesterday despite evidence almost daily showing a sharply braking economy and signs the housing market could be in for a hard landing. ...

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<p><a href="http://www.shanghaidaily.com/sp/article/2008/200806/20080606/article_362140.htm"> A holding pattern on UK interest </a> by -- THE Bank of England held interest rates at 5 percent for the second month running yesterday despite evidence almost daily showing a sharply braking economy and signs the housing market could be in for a hard landing. ... </p>