IMF’s Lagarde says UK keeping interest rates low could further fuel house prices

Not if the FPC have their way Christine. Interest rates aren’t the only tool available

• further house price increases could cause financial instability
• IMF’s views on UK policy broadly in line with those of UK authorities
• IMF clearly underestimated UK growth a year ago

And there was great merriment and dancing

GBPUSD still 1.6812