BoE chief thinks UK rates could rise at end of year

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22 July 2015

 

In a speech last week, the BoE governor signalled the start of rising official interest rates in the UK is likely to begin around the end of 2015. Mark Carney, the former chief of the Bank of Canada, said the decision to raise rates would need to be addressed “by the turn of this year” but in doing so he made several qualifications; “headwinds to growth and inflation remain”, important...

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