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There Is No Conundrum; Base Rates Will Be Held

Wednesday June 11th 2014

 images/uploads/SPL UK Rates Staying Steady 11-06-14.pdf

·         UK unemployment rate fell to 6.6% in the three months to April.

·         Lowest since early 2009.

·         Average for the year equals the NAIRU.

·         However, no need for Carney to take a hasty decision.

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