Bank of England Chief Economist Andy Haldane: hiking interest rate too early could lead to another recession in the U.K.

Noticias del mercado

29 junio 2015

Bank of England Chief Economist Andy Haldane: hiking interest rate too early could lead to another recession in the U.K.

The Bank of England (BoE) Chief Economist Andy Haldane plans to tell students at the Open University on Tuesday that hiking interest rate too early could lead to another recession in the U.K.

"A policy of early lift-off could be self-defeating," he said.

Haldane thinks that the central bank should keep its interest rate unchanged for the short to medium term.

European Central Bank decides not to raise the amount of emergency funding (ELA) on Sunday

Wall Street. Major U.S. stock-indexes fell

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