The Bank of England looks set to keep interest rates on hold this month as uncertainty over the war in Iraq remains.
The Monetary Policy Committee (MPC) meets the day after Chancellor Gordon Brown delivers his Budget and is unlikely to announce a cut so soon after his speech.
Simon Rubinsohn, chief economist at Gerrard, said the MPC would not want to change rates the day after the Budget as this could be seen as a judgment on it.
Monday April 7 2003
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