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  • HSBC's Major Says BOE to Cut, ECB to Hold Rates Today: Video

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HSBC's Major Says BOE to Cut, ECB to Hold Rates Today: Video

HSBC's Major Says BOE to Cut, ECB to Hold Rates Today: Video

Steven Major, head of fixed-income strategy at HSBC Holdings Plc, talks with Bloomberg's Mark Barton and Sara Walker in London about today's interest rate decisions by the Bank of England and the European Central Bank and the outlook for monetary policy in 2008. U.K. policy makers will lower their benchmark interest rate by a quarter point to 5.25 percent, according to all but two of 61 economists surveyed by Bloomberg News, while the ECB will probably leave its key rate at 4 percent. (Source: Bloomberg)

Bloomberg | February 7, 2008Watch more videos from Bloomberg

Tags:. .point. .rates. .mark. .source. .england

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