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Bank of England reduces interest rates by 0.25% to 4.5%
The Bank of England's Monetary Policy Committee today voted to reduce the Bank's repo rate by 0.25% to 4.50%.
Published on
04 October 2001
The Committee reviewed the information about economic and financial developments which had become available since its scheduled meeting on 5-6 September and the impact of the terrorist attacks in the United States on 11 September, taking into account its decision at the special meeting on Tuesday 18 September to reduce interest rates by 0.25%.