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Why the Bank should hike interest rates this week

The Bank of England may be feeling extremely reluctant to pile on the pressure while the City is feeling so wobbly. But that doesn't mean it shouldn't hike the base rate to 6%, says John Stepek.

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by: John Stepek

30 Jul 2007

.polaris__post-meta--date { display: none; } .polaris__post-meta--date.no-script { display: block; padding-left: 45px } 30 Jul 2007

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Why the Bank should hike interest rates this week

The Bank of England may be feeling extremely reluctant to pile on the pressure while the City is feeling so wobbly. But that doesn't mean it shouldn't hike the base rate to 6%, says John Stepek.

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Why the Bank should hike interest rates this week

The Bank of England may be feeling extremely reluctant to pile on the pressure while the City is feeling so wobbly. But that doesn't mean it shouldn't hike the base rate to 6%, says John Stepek.

Keep reading for free

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