Monday, April 23, 2012
Andrew Sentance says inflation concerns could lead to rate rise
Former MPC member Sentance says interest rates may rise
A former member of the Bank of England's Monetary Policy Committee says that recent comments from Adam Posen and Paul Tucker indicate that the bank could be considering a change in policy.
Posted by ben @ 09:51 AM (929 views)
One thought on “Andrew Sentance says inflation concerns could lead to rate rise”
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stillthinking says:
The BoE might need to raise interest rates because of people spending deposits backed by loans which are in default but supported by central bank printing.
They cannot do QE and raise rates. Or maybe they can..in which case they will mindlessly inflate to the end and deflation will not win out.