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		<title>Bank cuts rates to two percent</title>
		<link>http://www.lselatest.com/2008/12/04/bank-cuts-rates-to-two-percent/</link>
		<comments>http://www.lselatest.com/2008/12/04/bank-cuts-rates-to-two-percent/#comments</comments>
		<pubDate>Thu, 04 Dec 2008 13:45:22 +0000</pubDate>
		<dc:creator>John</dc:creator>
				<category><![CDATA[Bank of England]]></category>
		<category><![CDATA[Credit Crunch]]></category>
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		<category><![CDATA[Recession]]></category>
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		<description><![CDATA[An hour ago, the Bank of England duly obliged on expectations and cut interest rates by 100 basis points to two percent, the lowest figure since 1951. Other central banks are slashing rates too. Sweden&#8217;s central bank today cut its key rate by a record 175 basis points, to two percent, the largest since 1992 [...]]]></description>
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