In the News
UK interest rate rise a sign of economic healing
28th September 2017
This is an important interview with Andy Haldane, the Bank of England's Chief Economist.
Haldane argues that interest rates heading north once again should be seen as a good news story - and not just for savers! It represents a stage of the economic cycle and ten years on from the financial crisis, that policy-makers believe is the opportune moment for interest rates to starting heading towards 'normal' levels, even if that new normal has changed.
BoE’s Andy Haldane: “The economy is healing… we might be nearing the end of the tunnel on both pay and productivity" https://t.co/UVBDoSmPkO
— Ed Conway (@EdConwaySky) September 27, 2017
- Economics
- Blog
- In the News
- Andrew Haldane
- Bank of England
- Mark Carney
- Monetary stability
- Monetary policy
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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