The latest money and credit figures show that bank lending is finally staging a gradual recovery. Butwith broad money growth still fairly subdued and bank lending recovering from a low level, the casefor the MPC to raise official interest rates only gradually over the coming years remains strong.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services