UK on a same path as of US

Prediction(on 22.12.08) : BOE(Bank of England) will bring the interest rates in UK close to 0 levels by February 2009.

Fate : BOE cut interest rates further by 50bps to 1.5%.On 05.02.2009, BOE further cut the rates to 1%.On 05.03.2009, BOE cuts rate to all time low to 0.5%.