BCC: Eurozone uncertainty reinforces case for low interest rates until 2016
Commenting on today’s Monetary Policy Committee (MPC) interest rate decision, David Kern, Chief Economist at the British Chambers of Commerce (BCC) said: “The MPC has clearly made the right decision to keep interest rates and quantitative easing on hold. Developments in the Eurozone – the European Central Bank’s decision to launch its own quantitative …