Interest and exchange rate forecast

We’re now NatWest Group

Come and visit us for all our latest news, insights and everything NatWest Group.


Interest and exchange rate forecast

Ready, steady, taper

Economic Analysis

10 January 2014

The US Federal Reserve gave markets an early Christmas present with its decision in December to begin 'tapering' its quantitative easing programme. With last year's government spending cuts out of the way, the US appears primed for a year of strong economic growth, which should support the dollar against sterling.

The big news at home is the significant improvement in the labour market. As the unemployment rate edges ever closer to the Bank of England's 7% forward guidance threshold, we have brought forward our timing of the first interest rate rise. Meanwhile, across the Channel, the European Central Bank remains ready to act should the inflationary environment deteriorate much further.

interest-and-exchange-rate-forecast.pdf
Download the full forecast (PDF 67KB)

Latest news

RBS to help 2.5 million people each year to be more financially capable

RBS has today committed to helping 2.5 million people in the UK each year to improve their financial capability.

RBS to increase lending to sustainable energy sector following £1.1bn securitisation of loans to UK sustainable energy market

RBS has executed a £1.1bn securitisation deal with Macquarie Infrastructure Debt Investment Solutions (MIDIS), which will allow the bank to recycle capital and increase lending to the sustainable or renewable energy sectors.

RBS launches £1 billion Female Entrepreneurship Funding and announces targets to help create at least 50k new businesses by 2023

RBS has today announced a new £1 billion in funding through NatWest to support female entrepreneurs in the UK to scale and grow – the largest intervention by a UK lender focused specifically on female-led businesses.

We’re now NatWest Group

Come and visit us for all our latest news, insights and everything NatWest Group.

Set Tab for lightbox