BOE governor Bailey: We do not have a specific equilibrium level of interest rate in mind ...Middle East

Don't expect interest rates to go back to very low levels unless there is some completely unknown shockWe will see where market interest rates are at the December meeting and judge policy accordinglyWe do have to watch very carefully the fragmentation of the world economyThere are a lot of risks related to that but we will have to wait and see what happens, it is too early to judge This article was written by Justin Low at www.forexlive.com.

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