See our regularly updated article on the market's latest predictions -[ Ссылка ]
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In this extract from episode 420 of the Money to the Masses podcast (Recorded on 23rd June 2023) I discuss why the Bank of England raised the base rate so aggressively and what it means for where the base rate will be in the future.
I discuss the dilemma facing the Bank of England when it comes to monetary policy and inflation. I also discuss the outlook for interest rates and mortgage rates and whether the government is likely to offer financial support for mortgage borrowers.
Check out the full podcast episode 420 below:
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To read our article about how the Bank of England base rate increase will impact you, click the link below:
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Use our Mortgage Repayment Calculator to quickly calculate the impact of an interest rate rise on your mortgage payments
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Check out our article to find the best mortgage rates in the UK - [ Ссылка ]
* The material and information in this video, the Money to the Masses website, associated pages, channels, accounts are for general information only and do not constitute financial advice. Always obtain independent, professional advice for your own particular situation.
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Since 2010 Money to the Masses has been helping people with their personal finances for FREE. Money to the Masses is one of the UK’s leading independent personal finance websites specialising in all aspects of financial planning including investments, pensions, property, insurance, mortgages, budgeting and saving. We bring together expertly written content, interactive tools and technology to help over 4 million people a year across our platform.
If you are looking to get your finances in shape then check out Damien's FREE Money MOT at [ Ссылка ]
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Will the Bank of England keep raising interest rates?
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