FX & CFD trading involves significant risk
The Bank of England (BoE) Chief Economist Andy Haldane plans to tell students at the Open University on Tuesday that hiking interest rate too early could lead to another recession in the U.K.
"A policy of early lift-off could be self-defeating," he said.
Haldane thinks that the central bank should keep its interest rate unchanged for the short to medium term.
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.