Three More Years of 0.5% Interest Rate

Mark Carney has announced UK interest rates will be held at 0.5% until the unemployment rate falls to 7%, which is forecast to happen in late 2016.

Which will be nice midterm treat for whoever wins the next election…

mdi-tag-outline Bank of England
mdi-timer August 7 2013 @ 10:48 mdi-share-variant mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-printer
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