Mark Carney on Base Rate increase “now is not yet the time”
20th June 2017
Mark Carney, the Governor of the Bank of England, said in a speech titled A Fine Balance that he did not think now was the time to increase interest rates. This is after the last Monetary Policy Committee (MPC) voted 5 – 3 to hold the Bank Base Rate at 0.25%. This was the narrowest […]