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Investment supplement: when will interest rates rise?

The UK cannot protect itself from developments in the eurozone

By James Sproule   March 2015

Monetary policy is viewed by many people as being dull and technical: nebulous concepts about the money supply, theoretical output gaps, expected inflation rates. This is not the sort of stuff that sets many pulses racing; the eyes of even the most well-informed consumers can be forgiven for glazing over.

But high street prosperity needs interest rates that neither constrain nor artificially boost businesses and consumer spending. It is a balance we are in danger of being unable to manage. 

The United Kingdom is experiencing a double interest rate record. Not only have the Bank of England…

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