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BoE Leaves Rates at 5.75%, Nov. Cut Expected

Thursday, 4 Oct 2007 | 11:10 AM ET

The Bank of England left rates unchanged at 5.75% for a third month running on Thursday, as it continues to assess the impact of the global credit crunch. CNBC's Guy Johnson talks with Geoffrey Dicks, chief U.K. economist at Royal Bank of Scotland, about what this decision indicates of the U.K. economy.