Article preview: Interest rates could rise in the first half of 2022, assuming the economy recovers by then. In a new speech, Bank of England Monetary Policy Committee member Dr Gertjan Vlieghe concluded that a rate hike later next year is a more likely outcome. An earlier rate rise could happen if the jobs market recovery is faster than expected, according to Dr Vlieghe.
Interest rates could rise at the start of next year
This 387-word blog post considers comments by Bank of England Monetary Policy Committee member Dr Gertjan Vlieghe about the prospect of interest rates rising next year. Written on 27th May 2021.
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