Not Much to Be Concerned About with BOE

“Rate rage” or a “hike huff”? There are a few phrases to describe the wobbles that investors could experience while global central banks look to normalize their monetary policy.

But it doesn’t have to be that way, according to a former policy member at the Bank of England (BoE).

Andrew Sentance, now a senior economic adviser at PWC, told CNBC Wednesday that “intrinsically” there’s no reason why markets should react negatively to a rise in interest rates.