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Renminbi Hope China's first interest rate increase since 2007 sounds more momentous than it actually is.
Rate-setters say expectations of a first interest rate rise next spring are "reasonable".
We continue to forecast that the first interest rate hike will come in the second half of 2015.
Consumers, homeowners and businesses are braced for the first interest rate cut in more than seven years next week.
The Bank's quarterly inflation report, published last week, suggested the first interest rate rise would not come until mid-2016.
That means we have likely not seen the full impact of the Fed's first interest rate cut on Jan . 3
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In the first interest rate-rigging case, prosecutors briefly considered criminal charges against an arm of Barclays, but they hesitated given the bank's cooperation and its importance to the financial system, two people close to the case said.
First, interest rates.
First, interest rates have come down.
First, interest rates have fallen continuously: in the early 1990s, mortgages came at an annual cost of 12% or more; now they come at rates of less than 3%.
First, interest rates are about zero so that i = 0.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com