BOE's Forbes says current rate continues to make sense today 

Apologies for the delay in the full details, some gremlins round the back

  • UK recovery is now well in progress and self sustaining
  • UK has grown at or above its potential growth rate for 5 quarters
  • However there are still substantial challenges and deep scars from the recession
  • Wage growth appears to be picking up
  • There is limited slack in the economy

Kristin Forbes with some hawkish comments at the Institute of Economic affairs. The full speech can be found here

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