Bank of England governor plays down chance of interest rate rise

The governor of the Bank of England has dampened expectations of a rise in interest rates, despite predicting a further rise in the cost of goods and services.

19th February, 2011
Bank of England governor plays down chance of interest rate rise
{ }

The governor of the Bank of England has dampened expectations of a rise in interest rates, despite predicting a further rise in the cost of goods and services.

Delivering his February inflation report last week, Mervyn King predicted a rise in prices in the first half of 2011, on the back of an already higher than expected January figure.

‘‘Some people are running ahead of themselves and saying that we are pre-announcing or laying the ground...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago