Milas, Costas (2015) To raise or not to raise interest rates? British Politics and Policy at LSE (30 Sep 2015). Website.
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Abstract
The current economic outlook in the UK as well as global market conditions justify a policy rate of 0.5 per cent. In fact, if we are looking at the international environment for policy rate “hints”, financial volatility rather than the federal funds rate is the variable to keep an eye on. Starting with small and carefully implemented Monetary Policy Committee (MPC) decisions, the policy rate will probably settle to around 2.8%, which is much lower than the 5% policy rate commonly observed prior to the financial crisis. Costas Milas explains.
| Item Type: | Online resource (Website) |
|---|---|
| Official URL: | http://blogs.lse.ac.uk/politicsandpolicy |
| Additional Information: | © 2015 The Author(s) CC BY-NC-ND 3.0 |
| Divisions: | LSE |
| Subjects: | H Social Sciences > HJ Public Finance H Social Sciences > HM Sociology J Political Science > JN Political institutions (Europe) > JN101 Great Britain |
| Date Deposited: | 11 Apr 2017 08:27 |
| Last Modified: | 11 Dec 2024 14:29 |
| URI: | http://eprints.lse.ac.uk/id/eprint/73327 |
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