Yael Selfin, Economics Director at KPMG comments on today’s Bank of England vote to maintain the Bank Rate at 0.5%.
Yael said: “Despite strong economic performance the Bank of England chose to keep interest rates unchanged today as expected. The big dilemma come Autumn will be how to reconcile conflicting signals from the labour market with strong growth and vulnerable consumers in an inflation environment that is still low.”
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Ann Burton, KPMG Press Office
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This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.