The recent renewed rise in interbank lending rates is an unwelcome development which means that the MPC will have to work harder to support economic activity. This supports our view that interest rates will eventually fall further than the markets or most other forecasters expect.
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