The Economy

Part of Council Tax Rebate – in the House of Commons at 7:12 pm on 31st March 2009.

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Photo of Sally Keeble Sally Keeble Labour, Northampton North 7:12 pm, 31st March 2009

Does my right hon. Friend accept that the intention of quantitative easing was to bring down long-term interest rates? That first stage has started to flow through in the 0.5 per cent. fall in the long-term interest rates referred to at the start of the debate.

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