UK less likely to hike interest rates early as economists see slack in economy
A majority of 67pc of respondents said there’s still enough slack in the British economy to justify holding the key rate at 0.5pc, where it’s been since March 2009. The BOE has put spare capacity at about 1pc to 1.5pc of gross domestic product. As Mr Carney prepares to publish new forecasts in two days … Continue reading UK less likely to hike interest rates early as economists see slack in economy
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