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4th Jan 2016 05:04U.K., Economic Monitor

Markets were on the right side of the argument with economists about the outlook for monetary policy in 2015, but we doubt history will repeat itself this year. The consensus among economists a year ago was for interest rates to rise to 0.75% from 0.5% by the end of 2015, in contrast to the markets' view that an increase was unlikely.

growth trade inflation labour mpc gdp recovery household spending interest rates oil oil production oil prices

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Keywords for: 04 Jan. 2016 Further Slowdown Won't Prevent the MPC Raising Rates in 2016

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