UK private economists sceptical of 2015 rate change

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29 July 2015

 

The governor of the BoE, Mark Carney gave a speech earlier this month and indicated UK’s official rate would probably rise by the end of the year. However a recent survey of economists suggests the private sector is not expecting an increase until the first quarter of next year, to be then followed by another two by the end of 2016. Current cash rate expectations indicate only a 28% chance...

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