Chris Dillow 

Interest rate worries

Chris Dillow

Chris Dillow
Interest rate worries

Should investors worry about higher interest rates? The question matters because a rate rise might be looming. The Bank of England said last week that if the economy pans out as expected (a big if, admittedly) then “monetary policy could need to be tightened by a somewhat greater extent over the forecast period than current market expectations”. And monetary policy committee member Gertjan Vlieghe has warned that “we are approaching the moment when Bank Rate may need to rise”.

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