The Motley Fool

Mark Carney’s Rate Rise Talk Is Music To The Ears Of Royal Bank of Scotland Group plc & Barclays plc

Interest rates were slashed in the financial crisis and they’ve stayed down — in fact they’re stuck at 300-year lows! However, Bank of England Governor Mark Carney says he finally sees the conditions for interest rates rising on the horizon. And that’s great news for RBS (LSE: RBS) and Barclays (LSE: BARC).

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Owain Bennallack owns shares in Barclays. The Motley Fool UK has recommended Barclays. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.