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Mutkin Says BOE May Surprise With 50 Basis Point Cut

Mutkin Says BOE May Surprise With 50 Basis Point Cut

Laurence Mutkin, head of European fixed-income strategy at Morgan Stanley, talks with Bloomberg's Mark Barton in London about the outlook for today's interest-rate decisions by the Bank of England and European Central Bank. The nine-member Monetary Policy Committee, led by Governor Mervyn King, will lower the U.K. bank rate by a quarter point to 5 percent, according to 51 of 61 economists in a Bloomberg News survey. The rest forecast it will stay at 5.25 percent. (Source: Bloomberg)

Bloomberg | April 10, 2008Watch more videos from Bloomberg

Tags:. .point. .forecast. .rate. .mark. .source

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