UK Interest rates may have to rise: George

UK: The Governor of the Bank of England last night warned that interest rates might have to be raised to moderate consumer demand.

Speaking in an interview with the BBC, Sir Edward George said action might need to be taken by the Bank if consumer demand did not 'moderate' as the world economy picks up.

'Consumer demand will have to moderate, I think there's a good possibility that it will begin to moderate of it's own accord.

'When I say moderate I don't mean it falls off a cliff, but it slows d

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: