Indefinite low rates

Deepie

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Join Date: Aug 2010

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Indefinite low rates

10 February 2016, 11:39

Lord Turner warns of indefinite low rates

Former City regulator Adair Turner has warned that without radical policies, the UK economy could be stuck with low interest rates "almost indefinitely".

He told the BBC "interest rates in the UK may not go up beyond 2% by 2020".

The Bank of England's rate has been at the record low of 0.5% since March 2009.

Here ---> http://www.bbc.co.uk/news/business-35537714

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Tags: bank, bank of england, bbc, business, city regulator, eco, england, interest, interest rates, list, lord, low, policies, rate, rates, regulator, size

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