» Monday, May 24, 2004
Interest rates
Asked if the Prime Minister was concerned about suggestions that interest rates could double, the PMOS said he thought that the most effective rebuttal had come from the building societies themselves, who had said today, “We are not calling for interest rates to double. We don’t want them to double and there is no need for them to double”. He pointed out that interest rates were, of course, a matter for the Bank of England.
Briefing took place at 11:00 | Search for related news
Original PMOS briefings are © Crown Copyright. Crown Copyright material is reproduced with the permission of the Controller of HMSO and the Queen's Printer for Scotland. Click-use licence number C02W0004089. Material is reproduced from the original 10 Downing Street source, but may not be the most up-to-date version of the briefings, which might be revised at the original source. Users should check with the original source in case of revisions. Comments are © Copyright contributors. Everything else is © Copyright Downing Street Says.
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