Bank Loan Credit Rates
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Regarding interest rates, the theme matches with economic growth and inflation - 'lower for longer'. Get June MPS, the Bank now expects interest rates to rise a additional slowly. This links in order to the Banks cuts to GDP and inflation estimates. The June MPS forecasted interest rates to rise 3.1 % over the following two years, up of your then current level of three.0% to 6.1% by the end of 2012.
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