Interest rates 'likely to remain low for some time'

Interest rates are "likely to remain low for some time" but the UK has "edged closer" to a rise, Bank of England Governor Mark Carney told ITV News' Economics Editor Richard Edgar

Latest ITV News reports

Interest rates 'likely to remain low for some time'

Interest rates are "likely to remain low for some time" but the UK has "edged closer" to a rise, Bank of England Governor Mark Carney told ITV News' Economics Editor Richard Edgar.

The Bank of England. Credit: PA

He added that "today is not the day" to rise interest rates and the exact timing of the first rise "will be a product of the evolution of the economy".

Advertisement