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Tuesday, 19 August 2014

Unit 1: Monetary policy - Factors affecting Interest rate decisions

Click here for a really informative piece from Larry Elliott at the Guardian on some of the factors that the Bank of England will take into account when deciding the moment to move policy interest rates up from their historic low of 0.5%. 
Mark Carney in thoughtful mood!

To think, there are students who might make it through their entire secondary school education without experiencing a change in UK monetary policy interest rates!


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