The ECB base rate is currently at 1%.
Some experts reckon the UK base rate of 0.5% (at this since March 2009) could stay until 2014, forced to because of the UK Gov's spending cuts.
http://www.bbc.co.uk/news/business-10756094
What are the chances of the ECB keeping their 1% rate for the foreseeable future? Is it ever likely to remain as long as a couple of years?
Some experts reckon the UK base rate of 0.5% (at this since March 2009) could stay until 2014, forced to because of the UK Gov's spending cuts.
http://www.bbc.co.uk/news/business-10756094
What are the chances of the ECB keeping their 1% rate for the foreseeable future? Is it ever likely to remain as long as a couple of years?