BOE will have to end ultra-low rate environment – BOE’s Forbes

In a speech for the Institute of Economic Affairs in London today, Bank of England's (BOE) policymaker Kristin Forbes Forbes stated that the base interest rate should begin to increase at the turn of this year in order to respond to medium-term inflation risks.
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South Africa Gross Domestic Product (YoY) fell from previous 1.4% to 1.3% in 4Q

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