The Bank doesn’t set interest rates
The government handed interest rate decisions to the Bank of England in 1997. Unfortunately the Bank handed rate decisions to the market many years before.
(more…)
The government handed interest rate decisions to the Bank of England in 1997. Unfortunately the Bank handed rate decisions to the market many years before.
(more…)
Posted on 5th November 2008 in Bank of England, Interest Rates, MPC | 1 Comment »
The Edge provides provocative commentary on various topical issues affecting finance professionals.
Richard Northedge is a writer and columnist for several leading UK newspapers and publications. He first wrote a weekly column of financial scandal for the Daily Telegraph where he was Deputy City Editor for 12 years. Read more...
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