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Old 05-22-12, 11:23 AM   #1
Jimbuna
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Default IMF tells UK to consider rate cut to boost growth

Quote:
The International Monetary Fund (IMF) has said the UK's continuing economic weakness means authorities should consider more quantitative easing (QE) and even cutting interest rates.
Its annual look at the UK economy endorsed the government's deficit cutting plan, saying it was essential.
Don't they realise interest rates in the UK are currently at an all time low...far better cut the rate of VAT.

http://www.bbc.co.uk/news/business-18158226
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