BCC says keep interest rates low or else

Interest rates must remain low for a “prolonged period” to support an economy that is still facing the threat of a downturn, the British Chambers of Commerce has urged.

By Angela Monaghan
Published: 10:34AM BST 30 May 2010

The BCC said low rates would allow businesses to drive a private-sector recovery, and should be possible if the Bank of England is correct in its view that the recent rise in inflation will prove temporary.

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