• Bank of England's Vlieghe says "not right at all" to blame low interest rates for high UK house prices

Market news

12 February 2018

Bank of England's Vlieghe says "not right at all" to blame low interest rates for high UK house prices

  • Says if less credit headwind to UK economy, then may be ready for higher rates

  • There is increased evidence that tight labour markets are beginning to have upward effect on wages

  • If households are leveraging up when not much slack in economy, MPC should take an interest

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