Inflation has fell below expectations in March, throwing doubt on whether the Bank of England will raise interest rates next month.
interest rates rise
Kyle Caldwell explains how investors can adjust their portfolios to benefit from monetary policy tightening.
Financial markets are pricing in an interest rate rise in six months’ time. We explain why and run through how higher rates will impact your finances.
More than 100,000 homeowners will be hit with a huge increase in their mortgage payments after the Bank of Ireland and Bristol & West both raised their standard variable rate (SVR) from 2.99 per cent to 4.49 per cent.
Earlier this year the money was on interest rates rising this summer. But now predictions are being revised as inflation remains stubbornly high and poor economic data continues to be released.
This Thursday, the Monetary Policy Committee (MPC) will issue its latest interest rate decision and as inflationary pressures mount, it is under increasing pressure to raise rates.