EIU: UK Rates Will Rise in First Half

PERSPECTIVES: EIU’s Robin Bew believes the Bank of England will have to increase interest rates sooner in order to retain its credibility

Morningstar.co.uk Editors 17 February, 2011 | 11:01AM

From time to time, Morningstar publishes articles from third party contributors under our "Perspectives" banner. Here, Editorial Director and Chief Economist at the Economist Intelligence Unit, Robin Bew shares his upbeat view on the global recovery. Given the latest inflation data, however, the Bank of England will have to up its rates in the first half of 2011 in order to keep its reputation as a sound guardian of monetary policy. If you are interested in Morningstar featuring your content, please provide your details and/or submit your article here.

Tony McMahon: Hello and welcome to the Global Forecast from the Economist Intelligence Unit. My name is Tony McMahon and as ever I'm joined by Robin Bew. Robin, let's do the good news first of all. You see the recovery in the global economy deepening.

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