Respondents believe another rate rise is question of when, not if. This week 95 respondents took part in Pensions Buzz and answered questions about when they think the next interest rate rise will be and whether the UK needs a Later Life Commission to craft policies on how retirement and soci...
Byline: By Graeme EvansWestern Mail (Cardiff, Wales)
“Beyond this month (August), we are sticking with our prediction of another rate increase in September, at which point the present rate rise cycle should come to an end,” said Andrew Goodwin, chief UK economist for Oxford Economics.A last quarter-point boost will be implemented the...
The Bank today reiterated its message from a fortnight ago that interest rates will have to rise sooner and faster than than markets had expected in February. The rate-setting monetary policy committee (MPC) gave a clear hawkish signal at its last meeting that market expectations were not taking...
Rate rise 'big moment' for UK economy I have a variable rate mortgage - what should I do? Experts rushed to warn that the picture for these two million-plus borrowers was about to get even worse, considering that the Bank rate is expected by markets to hit 1.25% later this ye...
•There is deep recession in the UK.英国处于严重的经济衰退之中。 into / out of recession •attempts to pull the country out of recession推动国家走出经济衰退期的努力 Just a year ago the world was enjoying a syncronised economic acceleraton. In 2017 growth rose in every big advanced econom...
Interest rates in the UK could depend, at least in August, on Taylor Swift’s impact on inflation Taylor Swift may give rate-setters at theBank of Englandsomething extra to think about as they mull when tostart cutting interest rates. ...
It reflects concerns about the UK's faltering economy and the chancellor's ability to meet her rules related to the public finances. These can be seen more widely in the leap in the effective interest rate investors are demanding to hold UK government debt. ...
Investors will be closely watching upcoming UK inflation and wage data for indications of whether the Bank of England will start cutting interest rates from their 16-year high of 5.25 per cent in August or September. Markets are almost equally split over whether the first rate cut will come on...
Benchmark two-year gilt yields, which are highly sensitive to interest rate expectations, rose 0.08 percentage points on Thursday to 5.46 per cent, the highest level since 2008. The average five-year fixed-rate UK mortgage hasrisenabove 6 per cent. ...