Kotecha, Goodhart Expect BOE to Cut Rates in November: Video

Mitul Kotecha, head of currency strategy at Calyon, and Charles Goodhart, a former Bank of England policy maker, talk with Bloomberg's Paul George and Naga Munchetty in London about the central bank's decision today to keep its benchmark interest rate unchanged, the BOE's emergency auction of three-month money to ease liquidity strains and the outlook for interest rates in 2007. The BOE's Monetary Policy Committee left the bank rate at a six-year high of 5.75 percent, matching the forecast of all except one of the 60 economists surveyed by Bloomberg News. (Source: Bloomberg)

Bloomberg | October 4, 2007

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