Base rate is likely to rise next spring, Monetary Policy Committee member Martin Weale said today.
Speaking to Sky News Weale said once base rate rises, further increases will be gradual.
He says: “I think it is very helpful that we try and explain the most likely path for interest rates that the first rise will come perhaps in the spring of next year, and then the path is likely to be relatively…
ContinueAdded by Mark Williams on February 20, 2014 at 16:42 — No Comments
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