Lamont cuts interest rates

Title

Lamont cuts interest rates

Genre

Press conference

TX Date

28 Jan 1993

Year of production

1993

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Duration

00:00:22

Description

Chancellor Norman Lamont speaks to press following the decision to cut interest rates 1 percent to 6 percent. Says the reduction is the best way to act against unemployment by boosting confidence and helping economic recovery.

Contributors

Norman Lamont

Keywords

Inflation; Unemployment; Interest rates; Economic recovery

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