The era of historically low interest rates won’t last forever, and the latest forecasts and comments from the Bank of England hint that a tightening of monetary policy may come sooner rather than later. Stephen Phipson reads the runes.
The UK economy is performing reasonably well, and the Bank has raised its growth forecasts for both 2018 and 2019. Over the past decade since the financial crisis, manufacturers have enjoyed an unprecedented era of low interest rates. Last month, the Bank of England announced its latest monetary policy decision of…
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