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Ex-MPC member Blanchflower says UK interest rates likely to fall further

Discussion in 'Fundamental Analysis' started by ForexLive, Mar 5, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Former BOE MPC member Danny Blanchflower quoted by the BBC - interest rates will likely fall further in Britain and remain at near record low levels until 2021 Blanchflower's comments are not a surprise given that he was an arch-dove when serving on the MPC until May 2009 but it does add further questioning of any assumption that future rate moves will be up rather than down.

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