Thus it could mean interest rates rising sooner than might otherwise be expected.
According to Bank forecasts, that would mean interest rates will be left on hold until at least the second half of 2016.
Our long-term economic plan and efforts to cut the record deficit we inherited mean interest rates remain at a record low making home ownership more affordable".
The bank's chief economist, Charlie Bean, told politicians this week that the frailties of the financial system mean interest rates may need to be cut "aggressively".Policymakers in the euro area seem instinctively wary about such policy activism.
It is not clear, for example, whether an independent Scotland would adopt the euro, which is unpopular thanks to the unfolding crisis on the continent, or sterling, which would mean interest rates still being set in London.
However, he also warned that if there was less spare capacity than the Bank of England had estimated inflationary pressures developing in the labour market - wage rises - would mean interest rates would need to rise sooner rather than later.
Analysing the information needs of young women regarding combined oral contraceptives the mean interest rating of all 25 potential counseling items was 5 on a 7-point-scale.
Additionally, balances on credit cards mean interest rates, and if you are paying interest, you are wasting money that could be better spent paying bills or saving.
That means base interest rates are still going up, perhaps in February or thereabouts, and will be on course to touch 2% by 2018.
