Households in a better position to face a liftoff – BOE

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 15, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Mumbai) - The Bank of England (BOE) quarterly bulletin released on Tuesday showed the households are now in a better position to cope with an interest rate rise than a year ago.

    Key Points

    The responses do not imply that a rise in rates would have an unusually large impact on spending.

    The government's plans for fiscal consolidation are likely to continue to weigh on household spending.
    For more information, read our latest forex news.

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