It's time that the Bank of England set out a clear path for interest rates

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At the heart of the Bank of England's economic forecasts is a contradiction. Interest rates, which are enormously influential for any forecast because they establish the price of money, are the Bank's main monetary tool. Yet the interest rate assumption it uses to ...

from Google Alert - Business http://bit.ly/2KxLQoX
At the heart of the Bank of England's economic forecasts is a contradiction. Interest rates, which are enormously influential for any forecast because they establish the price of money, are the Bank's main monetary tool. Yet the interest rate assumption it uses to ... https://ift.tt/eA8V8J

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