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mpc: 3 The sterling money market yield curve suggested that the repo rate was expected to remain unchanged for the first half of the year at least. The most recent Reuters poll of economists presented a similar picture, although the range of economists' forecasts for the end of 2005 ­ above and below the current repo rate of 4.75% ­ was wider than the range of forecasts for the end of 2004 had been in January of that year. 44 of the 45 economists surveyed had expected `no change' this month. That was consistent with anecdote from market participants and the pattern of very short-term interest rates.