Gibbs of BGC Sees No Change to U.K. Rates, Favors 5-Year Gilts

Anthony Gibbs, a gilts broker at BGC International, talks with Bloomberg's Rishaad Salamat and Naga Munchetty in London about the outlook for today's interest-rate decision by the Bank of England, the risk of a recession in the U.S. and his investment strategy. The Bank of England will probably keep its benchmark interest rate unchanged at 5.25 percent, awaiting more signs of inflation pressures before raising borrowing costs for a fourth time, a Bloomberg survey of economists shows. (Source: Bloomberg)

Bloomberg | April 5, 2007

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