Tiger Bridging Talks, Bank of England Interest Rate Analysis
Last week, the Bank of England's Monetary Policy Committee voted 8-1 to keep interest rates at the historic low of 0.25%. Markets had been anticipating a 9-0 decision and minutes reveal that several of those who voted to retain the low rate are seriously considering voting for a rise in the near future. What are the forces that will determine when the Bank raises rates – a move that would push up borrowing costs, strengthen the pound, and stave off...
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