The BOE governor Mark Carney said the UK should prepare for borrowing costs to rise from 0.5%, otherwise the central bank’s aim of keeping inflation at 2% will be at risk
Carney signals BOE rate rise by spring 2015
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Mark Carney signalled Bank of England officials will probably increase their benchmark rate from a record low in spring next year as wage growth accelerates and the recovery gains momentum. The BOE governor told delegates at the annual conference of …