The Bank of England has just announced that it is to hold rates for November.
Rates have peaked but the Bank appears to be taking a 'wait and see' approach as the wider economy is still exposed to high oil prices and the background threat of inflation, believe many economists.
It's too early to say whether rates will be cut in December, until more retail figures are published over the coming weeks
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment