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Home | Drayson suggest rates could rise slowly |
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Drayson suggest rates could rise slowly
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- March 09, 2011
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The Monetary Policy Committe (MPC) is unlikely to raise rates as much as the market expects, according to Legal & General Investment Management (LGIM) economist Tim Drayson. Drayson explained that the market’s predictions of increased rates throughout 2011 and into 2012, seeing the cash rate exceed 2%, is unlikely because the Coalition Government’s spending cuts [...]
- Read more at:http://www.bankingtimes.co.uk/2011/03/09/drayson-suggest-rates-could-rise-slowly/
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