When will interest rates stop rising? Plus,...
The Bank of England has hiked base rate from 0.1 per cent to 3.5 per cent in the space of 12 months, a move that would have been considered unthinkable not so long ago. But with inflation looking as if it has peaked, the economy probably already in recession, households and businesses feeling the squeeze, have we nearly reached the end of the rate hikes? When the mini-Budget chaos struck there was a belief that the Bank may have to go as high as 5.5 to 6 per cent with interest rates, now
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