Rising interest rates: Why the Bank of England has increased rates again and what to expect next
Financial markets are currently forecasting interest rates of around 4.75% next year, but the governor of the Bank of England has said there might not be a need to increase interest rates that much, writes banking lecturer Francesc Rodríguez Tous...
Francesc received his PhD in Economics from the Universitat Pompeu Fabra, in Barcelona. He has previously worked at the Bank of England, Deutsche Bundesbank, and Banco de España. His research is about banking, with a particular focus on banking regulation and systemic risk.
Bank of England bumps interest rates up 0.5% to 1.75%; warns of a recession by the end of the year
Today's rate rise is the biggest increase in 27 years, and comes as the BoE warns that the UK will be in a long recession by the end of this year.
BoE nudges interest rates up to 0.25%
"The rise has been a long time coming, and with inflation now at decade high levels, there really is little alternative," comments Strutt & Parker, while Knight Frank Finance says "it’s clear that the…
Rising interest rates and a slowing global economy top property market risk list
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