The international monetary fund cut its growth forecast for the UK to 1.6 per cent this year from 1.7 per cent in October and is expected to grow by 1.5 per cent in 2018. But trump and republicans seem willing to take the risk. After all, by pushing the middle class to raise interest rates, they have already laid out plans for the 2018 and 2020 elections. From now on, they can boast about most family tax cuts. They are expected to peak in the run-up to the presidential election in 2019 and before the bill expires. The report said: “These pay penalties exist despite the Agency Worker Regulations 2010 which gives those with 12 weeks-plus of continuous service in the workplace pay parity with comparable employees.” When the economy overheats and inflation rises, interest rates are raised and credit tightened. When the overheated economy and inflation are under control, the interest rate is duly lowered. Interest rates are therefore one of the fundamental economic factors. Interest rates are an important financial variable in economics, and almost all financial phenomena and financial assets have more or less connection with interest rates. [R esponding to suggest continued low interest rates and bond purchases at the limiting the central bank's room for manoeuvre in the case of an economic downturn, draghi said the drop was a "the possibility of more distant than it was a year ago".