- Carney’s most recent comments show interest rate rise timing hinges on data
- UK productivity could be about to stage a cyclical rebound but it is too early to know
- Cannot set interest rates based on risks to a small number of highly indebted Britons (hello Mrs Hawk)
Still waffling on in front of the Treasury select committee.
Without hearing that last comment in context I would hope that the BOE/MPC/FPC/Blah blah blah actually follow through on their promise to reign in bank mortgage lending practices so that “highly indebted Britons” don’t find themselves back up poo creek without a paddle when rates rise.
