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Home | OECD urges UK interest rate rises |
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OECD urges UK interest rate rises
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- May 26, 2011
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In its latest Economic Outlook report, the Organisation for Economic Co-operation and Development (OECD) urges the UK to begin raising interest rates this year. According to the body, above-target inflation driven by tax increases, commodity prices and government cuts, will hold back private consumption and public spending during 2011-12. The OECD also predicts that UK [...]
- Read more at:http://www.bankingtimes.co.uk/2011/05/26/oecd-urges-uk-interest-rate-rises/
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