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Slashing Rates Isn't a Good Move: Analyst

Slashing Rates Isn't a Good Move: Analyst

Interest rates should not have been cut in the first place as it will be very damaging for the high street, says Paul Day, deputy head of research at MIG Investments. He explains why to CNBC's Rebecca Meehan & Sri Jegarajah.

CNBC | December 24, 2008Watch more videos from CNBC

Tags:. .cnbcs. .mig. .slashing. .deputy. .damaging

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