Rat and Mouse
Wed
08
Oct
BREAKING NEWS - SHOCK INTEREST RATE CUT

We were expecting an announcement tomorrow (Thursday's are traditional for interest rate fun), but news is out that seven central banks - including Canada's, China's, Switzerland's, Sweden's and the Bank of England - are cutting rates by 0.5%. That leaves our own rate at 4.5%... and, with inflation still way above target, it's another sign of how seriously close to a shattering recession we must be.

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