Bank of England may rise the interest rates in the future

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The Guardian: Britons should not fear rise in interest rates when they come, says BoE member

Article published: Feb 24, 2015 – out of date: no longer suitable for your IB Economics commentary

IB Economics syllabus: Macroeconomics

If inflation raises in the future the Bank of England will be quick to respond by increasing the interest rates. Good material to comment on the UK’s monetary policy.

Source of image: Anthony Devlin, PA

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By EconDaddy IB Economics tutor|2022-01-13T12:17:47+00:00February 25th, 2015|Macro|Comments Off

About the Author: EconDaddy IB Economics tutor

My name is Daniel Szekely and I work as an IB Economics tutor, examiner and teacher. Having earned an MA degree in Economics at the University of Aberdeen, I started my career as a financial analyst at Morgan Stanley, one of the largest investment banks of the world. Yet, despite the promising career prospects of the banking industry, I decided to make a larger social impact by becoming a teacher. Currently, I teach IB Economics at SEK Budapest International School and have been an examiner for over 8 years. I started EconDaddy as a simple blog to share great articles with my students and others taking IB Economics around the world to use for their commentaries. Being a practicing IB Economics tutor, I have first hand insight into the most common mistakes of students, so the EconDaddy blog now also provides exam and commentary writing tips.