The BoE holds off raising rates in the face 3.7% inflation, instead pointing to the "output...

|By:, SA News Editor

The BoE holds off raising rates in the face 3.7% inflation, instead pointing to the "output gap." This gap does not exist, argues Alen Mattich, and the BoE will again be too easy for too long. The gilt market, seemingly asleep so far, will wake up one day. The IGLT trades in London.