BoE mem­ber warns of 5pc in­ter­est rates

The Pak Banker - - Front Page -

LONDON: BoE pol­i­cy­mak­ers would like in­ter­est rates to reach a "nor­malised" level of about 5.0 per­cent, a mem­ber of its mon­e­tary pol­icy com­mit­tee has told the Daily Tele­graph news­pa­per. The cbank has left its key lend­ing rate at a record low 0.50pc since March 2009. -Ap

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