At 0.5% the Bank of England base rate is already at a historical low, but the International Monetary Fund (IMF) has suggested further cuts could be needed to boost the UK economy. The news comes as mortgage rates have started to edge up, driven by problems in the eurozone, and savings rates have begun to fall. So would a base rate of 0% make any difference to consumers?
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Wednesday 23 May 2012
What would a 0% base interest rate mean to you? | Money | guardian.co.uk
What would a 0% base interest rate mean to you? | Money | guardian.co.uk
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