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- Title
INTEREST RATES AND BUSINESS RETURNS.
- Authors
Weale, Martin
- Abstract
The article discusses the effect of July 2007 high interest rate on Bank of England's base rate. The section offers informations and insights on the implication of increased interest rate on England's base rate. The column provides a graph that show the forward estimates for the nominal short-term interest rate taken from the Bank of England's yield curve tables for both government debts and liabilities of commercial banks. It states that the figure illustrates that the market has been taken somewhat by surprise by rising short-term interest rates.
- Subjects
ENGLAND; INTEREST rates; BANK of England; INVESTMENT interest; DEMAND for money; ECONOMIC indicators; ECONOMIC statistics; ECONOMIC development; ECONOMIC forecasting
- Publication
National Institute Economic Review, 2007, Vol 201, p4
- ISSN
0027-9501
- Publication type
Article
- DOI
10.1177/0027950107083040