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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

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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.
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