Have rates of interest peaked – and what subsequent? LUNCH MONEY
The Bank of England held the bottom fee in the present day at 5.25 per cent for the third time in a row.
Have we reached the height? Is it too early to be speaking about cuts?
On this episode of Lunch Money, we talk about what the bottom fee pause means for you, what is going to occur subsequent to mortgage charges and whether or not savers ought to repair now?
> Watch Lunch Money on This is Money’s YouTube channel
Simon Lambert and Lee Boyce take a look at the potential influence for savers and debtors and the query of whether or not charges have peaked within the UK – and what they may begin to fall.
Last evening we additionally had one other rate of interest resolution on the opposite facet of the Atlantic – and it’s the US that units the tone for the remainder of the world.
Victoria Scholar, of interactive investor, talks via what the outlook is for US charges, why that issues and whether or not a extra doveish tone there’ll give traders a lift.
