Ransquawk Overnight UK News 22/11/07

Discussion in 'Trading' started by Ransquawk, Nov 22, 2007.

  1. Ransquawk

    Ransquawk ET Sponsor

    The UK press focused on yesterday's 7-2 vote in the November BoE minutes. The Telegraph looks at Gieve's choice to vote for a cut writing that 'by dint of his position as the deputy governor for financial stability, he has the most intimate link with the markets. So his decision to dispense with his habitual hawkishness at this months meet is highly significant'. The Business comment section of the paper writes that the Bank should take hold of the situation by cutting.

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