• Bank of England’ Monetary Policy Committee Member David Miles: interest rate in the U.K. will rise "pretty soon"

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19 agosto 2015

Bank of England’ Monetary Policy Committee Member David Miles: interest rate in the U.K. will rise "pretty soon"

The Bank of England' Monetary Policy Committee Member David Miles said in an interview to BBC Newsnight on late Tuesday evening that interest rate in the U.K. will rise "pretty soon".

"I don't think it's anything to worry about, it's a sign of health," he said. Miles added that the economy consumer confidence is strong, corporate confidence is pretty strong and the financial system is operating near normal now".

Miles will retire this month.

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