• Bank of England's Carney asked if BoE should raise rates in November, says UK running out of spare capacity and tolerance for over-target inflation - CNBC

Market news

16 October 2017

Bank of England's Carney asked if BoE should raise rates in November, says UK running out of spare capacity and tolerance for over-target inflation - CNBC

  • Need to take rate decisions one at a time

  • Global equilibrium interest rate is moving up, if rates stay still in a particular country they are becoming more accommodative

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