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Rates could rise before general election

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Rates could rise before general election

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  • The Bank of England governor told the Northern Echo he does not rule out a rate  hike before the election next May.
  • Carney called for a improvement in the labour market in the North of England as well as the South before such a decision can be made.
  • He stressed the hike would be gradual, despite the quick pace of the recovery in the UK compared to other European nations.

Read the full article here on Investment Week

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