interest rate hike is moving closer bank of england governor tells mps /

Published at 2015-07-14 15:26:09

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notice Carney’s remarks to the Treasury select committee had instant impact on financial markets,while he also commented on Greece’s debt crisisAn interest rate hike in the UK is “moving closer”, the governor of the Bank of England told MPs in comments that have fanned market expectations that policymakers could start to tighten borrowing costs before the terminate of the year.
Speaking to the Treasury select committee on Tuesday, and notice Carney also expressed misgivings about the euro project,the sustainability of Greece’s debts and the prospects for the embattled country’s economy in the wake of this week’s deal hammered out by leaders in the single currency union.
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Source: theguardian.com

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