London, UK. 9th July, 2014. Incoming Bank of England Deputy Governor Minouche Shafik has suggested the BoE is likely to lower its estimate of the amount of "slack" - spare capacity - in Britain's economy. Credit: Paul Davey/Alamy Live News

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Incoming deputy Governor of the Bank of England Minouche Shafik has said the bank is monitoring spare capacity, estimated at between 1 and percent of GDP, as it considers when to start raising interest rates from their record low of percent.

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Size: 2000px × 3000px
Location: Bank of England, London, UK
Photo credit: © Paul Davey / Alamy / Afripics
License: Licensed
Model Released: No

Keywords: bank, banking, base, boe, carney, central, committee, deputy, easing, economics, economy, england, finance, governor, interest, mark, minouche, monetary, policy, quantitative, rate, rates, shafik, street, threadneedle