I’ve just been listening to a radio interview with Mark Carney, governor of the Bank of England, in which he prevaricated endlessly about whether UK Bank Rate was going to rise. Not specifically in May, but at all. Since taking on the role in 2013, Bank Rate is precisely where he found it: at 0.5 […]
How far can interest rates rise? How far should interest rates rise? Brexit is as irrelevant to the MPC’s task as the phases of the moon
