When will interest rates return to more traditional levels?

[Nicholas Wallwork]

It is extremely difficult to predict when worldwide interest rates will return to more “traditional levels” especially when institutions such as the Bank of England seem to have no idea. The Bank of England has on numerous occasions in recent months suggested that UK base rates would increase only for external pressures to change these

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It looks as though UK base rates will remain at historic lows until at least 2020. This is certain to fuel the supply of "cheap finance" which must offer some kind of support to the UK property sector?