Neville Prior

UK Interest Rates...........

Neville Prior  18 February 2014 04:41:38 PM
For one reason or another, I seem to spend "half my life" thinking about UK interest rates. I guess because they are so important to individuals, business and the economy. I am still of the belief that UK base rate will stay where it is for up to 18 months. Employment growth is slowing, the economic recovery is steady but not spectacular, the world still smells of uncertainty, and inflation is below target. Once we start to see real productivity increases and ensuing "real" wage increases, then the interest rate story may change. I think it's some way off........
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