Pass-Through Of Bank Rate To Household Interest Rates - Speech By Michael Saunders, External MPC Member, Bank Of England, Given At Imperial College Business School, London

In his speech, Michael says the pass-through of Bank Rate to the interest rates facing individual savers and borrowers doesn’t seem to be behaving as usual. He discusses potential reasons for this and offers his thoughts on the implications for monetary policy. He ends by giving his view on the near-term outlook for the economy.

Pass-through of Bank Rate to household interest rates