Poll of leading economists predicts interest rates to remain unchanged until 2012

A poll done by the BBC has shown that the many leading economists believe interest rates will not rise until next year. When will rates first go up? Q4 2011: 6 economists Q1 2012: 12 Q2 2012: 5 Q3 2012: 6 Q4 2012: 0 Q1 2013: 2 Q2 2013: 1 Source: BBC poll of leading economists 32 economists took part in the poll, 26 said rates would not rise until 2012 and three even said there would be no rate increase until 2013. Whilst it is the Bank of England’s nine strong ...