BOE's Kohn (FPC member): Stimulus exit will not threaten financial stability - BBA comments
- Should be prepared for a possible sharp rise in long-term interest rates and other unpredictable developments as central banks start to unwind the highly accommodative policies they pursued in the wake of the financial crisis
- Rate hike to be a positive event for the UK economy and financial markets since it will probably occur in the context of continued good gains in output and employment