UK rates have peaked - OECD

UK rates have peaked - OECD

British interest rates are likely to have hit their peak according to the OECD's latest Economic Report, released on 28 November.

The Bank of England has raised interest rates twice since September, taking them to a five-year high of 5%.

The Paris-based OECD notes that further hikes are unlikely in the medium term. "Following recent monetary tightening, the case for further increases in interest rates is not compelling," the report notes. The report added that "as long

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

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 individual account

.