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The G20 needs to find some horses before they improve the bolts on …

Sideline Cash Theory Revisited

House prices fall at record rate
LONDON (Reuters) - House prices fell at their sharpest rate in at least a quarter of century in October, raising expectations the Bank of England will deliver a big interest rate cut on Thursday to stave off a severe recession.

Shock rate cut may not go far enough for consumers
LONDON (Reuters) - The Bank of England’s decision to cut interest rates to their lowest level in more than 50 years surprised markets, but may not be enough to reassure hard-pressed households as the economy slides towards recession.

RPT-MONEY MARKETS-Economic woes trump falling interbank rates