Showing posts with label European monetary union crisis. Show all posts
Showing posts with label European monetary union crisis. Show all posts

Wednesday, May 16, 2012

Interest rates expected to remain 'on hold through 2013'

Sir Mervyn King, the Governor of the Bank of England, is expected to signal on Wednesday that interest rates will not rise from their record low until late 2013 at the earliest, as the UK's growth disappoints.