Pantheon Macroeconomics - Evidence that households are not benefiting much from the Monetary Policy Committee's easing measures mounted yesterday, after the release of August data on advertised borrowing rates. Our first chart shows the drop in swap rates and average quoted mortgage rates since the end of last year.

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8 September. 2016 Evidence of the Inefficacy of Monetary Stimulus Mounts

By Samuel Tombs

Evidence that households are not benefiting much from the Monetary Policy Committee's easing measures mounted yesterday, after the release of August data on advertised borrowing rates. Our first chart shows the drop in swap rates and average quoted mortgage rates since the end of last year.

Posted: 7th Sep 2016 in 'U.K. Documents'

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