Rat and Mouse
Tue
22
Dec
Interest rates to rise soon?

The Confederation of British Industry predicts a rise in interest rates early next year, in its quarterly economic forecast. And by the end of the year, expect rates to reach 2%, it says. It points out that 2% is historically still "stimulatory" (does it do anything for you?), and doesn't predict anything like normal interest rates (5% or so) in the foreseeable future.

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