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George Magnus on interest rates, Mark Carney, and the housing bubble

By Jay Elwes  

The Prospector had an in-depth chat with leading economist and author George Magnus on a wide range of domestic and global economic issues. He also shared his thoughts on the UK’s financial future. This is the first of four parts of the interview which will be published here in the coming days.

Jay Elwes: So the first question was about interest rates—do they need to rise?

George Magnus: Well I think there are obviously people with either kind of broad political interest or narrow interest, for example, those people who are concerned about people who have suffered from low interest…

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