When will interest rates rise? It’s ‘lose-lose’ for the Bank of England

There are many factors for the governor of the Bank of England, Mark Carney, and the rest of the Monetary Policy Committee to consider before they move interest rates upwards. The durability of the recovery, the frothiness of the housing market, the state of the budget deficit, the rate of inflation, and the condition of the world economy will all play a part in the decision.

But one issue might be more important than any other, and has so far been over-looked by the markets: the need to secure the Bank’s reputation for independence and to make sure that it [...]

MoneyWeek magazine

Latest issue:

Magazine cover
A new dawn for energy

Our experts pick the stocks to buy

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues
Shale gas 'fracking' promises to transform Britain's energy market. Find out what it is, what it means, and how to invest.

More from MoneyWeek

FREE REPORT:
What you should really do with your money (2014 Edition)


How to buy and sell penny shares

A beginner's guide to investing in gold

How to invest in British fracking