"Bank of England will wait until after election to raise interest rates"

[Martin@AS Financial]

"The Bank of England will wait until after the general election to raise interest rates as the threat of a resurgent eurozone crisis hangs over the UK economy, according to a leading thinktank.

The National Institute of Economic and Social Research (NIESR) pushed back its expectation of the first rate rise to June 2015, a month after the nation votes, but said it could be even later. Previously it was expecting the first hike in February."



Bank of England

[Flashman]

"The Bank of England will wait until after the general election to raise interest rates as the threat of a resurgent eurozone crisis hangs over the UK economy, according to a leading thinktank.

The National Institute of Economic and Social Research (NIESR) pushed back its expectation of the first rate rise to June 2015, a month after the nation votes, but said it could be even later. Previously it was expecting the first hike in February."



Bank of England

And they say the Bank Of England is independent of our esteemed politicians !

[PurpleGorilla]

I can't see a rate rise before 2020. No bull tulip. We are in a 15 year japan scenario.

[Doggy Styles]

I can't see a rate rise before 2020. No bull tulip. We are in a 15 year japan scenario.

I don't think we are like Japan, the UK has inflation rather than deflation and is in a period of growth.

Not sure it will be as late as 2020 but I'd have been surprised by a rise as early as February.

Those EU problems that they kicked down the road? Well now we're approaching where they kicked them to.