Pantheon Macroeconomics - The MPC's hawks are framing the interest rate increase they want as a "withdrawal of part of the stimulus that the Committee had injected in August last year", arguing that monetary policy still would be "very supportive" if rates rose to 0.5%, from 0.25%.

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29 June 2017 A Single Rate Hike Would Risk a Harmful Rise in Rate Expectations

By Samuel Tombs

The MPC's hawks are framing the interest rate increase they want as a "withdrawal of part of the stimulus that the Committee had injected in August last year", arguing that monetary policy still would be "very supportive" if rates rose to 0.5%, from 0.25%.

Posted: 28th Jun 2017 in 'UK Documents'

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