Jan
16

No interest rates rise ‘until 2016’ – CEBR

Interest rates will stay on hold at their record low until 2016 according to the Centre for Economics and Business Research. Growth under or around 1% for years to come will force the Bank of England to keep the base rate at 0.5%, cut to that level in March 2009, for another four years, the CEBR predicts.

Leave a Reply