Rise of the intangibles is pushing down on central bank rates - BoE's Haskel
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LONDON (Reuters) - The growth of intangible assets, such as brands and technology, is helping to keep central bank interest rates low, according to one of the Bank of England policymakers who has voted recently to cut borrowing costs"This much-discussed low interest rate environment we find ourselves in, reinforced by the trend towards intangible assets that I have discussed today, in part informs my recent votes," Jonathan Haskel said in a speech."Limited conventional monetary policy space..