Mon, 02 Jul 2012 12:06:32 GMT
ECB and Bank of England's prospects of lowering interest rates
Citi
and Credit Suisse anticipate that during ECB's meeting on July 5, the
interest rate will drop from 1% to 0.75%, and by December 2012 it will
reach 0.5%. It is predicted that the Bank of England will continue expanding their assets by introducing an acquirement arrangement of 75
billion Pounds. During 2012, the Pound has added 0.9% versus the