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Britain is not ready for higher interest rates.
"Next year, the world is poised for higher interest rates," he added.
Britain's mortgage borrowers will be warned this week to brace themselves for higher interest rates.
That may not yet add up to an argument for higher interest rates.
It's time for them to build a consensus for higher interest rates.
"They are doing well as their clients position themselves for higher interest rates".
Surging house prices may therefore argue for higher interest rates than conventional inflation would demand.
The figures could add to pressure for higher interest rates in May to head off inflation, economists said.
Bernanke told Fed watchers to look out for higher interest rates when unemployment, currently at 7.9%, hits 6.5%.
According to textbook economics, these circumstances called for higher interest rates to slow the economy and avoid inflation.
And Yunus did not anticipate the practice becoming a commercial one, which he now blames for higher interest rates.
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