No change in interest rates until 2017, some analysts have predicted
The latest Bank of England data has suggested that interest rates may not, after all, increase early next year - and possibly not rise at all until 2017.
In its quarterly Inflation Report, the Bank of England pointed out that even if interest rates remained untouched for more than another year, inflation would scarcely rise above its 2% target.
The timing of the first and successive rate rises is vital to the markets position. Too much too soon would restrict the upturn of some markets, but if rates stay low for too long house prices could grow to a level that would become unsupported.
The first interest rate boost from 0.50% to 0.75% is still predicted and expected to occur in May 2016 - but the chances now seem to be that the increase could be later rather than before it.