Everything in Place for BOE to Raise Rates in August, Says SocGen's Juckes

The transcript discusses the potential for a rate rise in August, supported by positive economic data and sentiment. It analyzes the UK's economic cycle, highlighting issues like weak productivity and slowing growth. The impact of the global financial crisis on current economic policies is also examined, noting the challenges of unwinding extraordinary measures.

What implications does the global financial crisis have on current economic policies?

Why is there a belief that the current level of rates is too low?