BoE's George hints at reluctance to raise rates

UK - Sir Edward George, governor of the Bank of England, hinted last night that he does not support a rapid rise in interest rates.

Sir Edward told an audience of bankers in London: "With inflationary pressures subdued, monetary policy generally can, for the time being at least, afford to remain reasonably supportive" - although he added that he made "no predictions as to what that may mean for interest rates".

Before last night's speech, expectations in financial markets indicated a sharp 1 pe

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: