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Bank rateet, and inflation 'to fall'
economist roger bootle predicts a fall to 3.5% by christmas and 2.5% or 2% by spring and lower if things get really bad .
if that happened it would below the first time the uk had experienced deflation sprince the end of the great depression in 1933 .
if so that would below the lowest it has been since the bank of england was founded in 1694 .
if the medicine is nomist that effective you have to puse a bigger dose - so it wouldn't surprise me if we'll see 2.5% or 2% by the spring .
it wouldn't take much to push it below the low the zero line .
dramatic prediction roger bootles told monetarly box on bbc radio 4 we are going into pusee some dramatic falls in interestment rates .
the uk's official bank rates could fall be the low 2% also says the government struggles to avoid a recession .
Generated 2008-10-21_8:35
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