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Bank chief King hints at 5 per cent peak in interest rates
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BANK of England Governor Mervyn King delivered a surprisingly
reassuring message to borrowers yesterday as he hinted that only one
more increase in interest rates may be necessary in the current
economic cycle.
City analysts were sent scurrying to reassess their forecasts
after King laid out the case for raising the cost of borrowing by
just a quarter point, to a peak base rate of 5 per cent.
He explained that he had revised down his inflation and growth
forecasts for 2005. The...
Related newspaper, magazine, and journal articles from HighBeam Research
 "The Birmingham Post (England)")
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Interest rates rise is 'likely'.(Business)
The Birmingham Post (England)
; Byline: James O'Brien A hike in interest rates looked increasingly likely today as Britain's biggest mortgage lender Halifax said that house price growth remained strong. Halifax said the average cost of a property rose by a robust 1.2 per cent during October to pounds 137,780, with prices now 16.7
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 "The Independent (Bangladesh)")
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Interest rates again, THE INDEPENDENT
The Independent (Bangladesh)
; 00-00-0000 Interest rates have now become a number one concern for the business community and the government. On April 19, 2003 my article on Interest Rates and the Financial Sector appeared in the Independent. This article argued that the high interest rates arose from the high levels of non-
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Interest rates set to soar even higher ; ECONOMY_ First-time buyers and borrowers will be hit by increases as early as next month, experts predict
The Independent on Sunday
; Interest rates in the UK are set to break through the 6 per cent threshold, bringing further pain to home owners and those in debt. An Independent on Sunday survey of leading UK economists at institutions including Ernst & Young, Barclays, HBOS, JP Morgan, RBS and Merrill Lynch, revealed a
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The multinational mortgage Some overseas interest rates are much lower than ours - but how do you take advantage of them without the risk of your debt increasing if the pound falls?
The Sunday Telegraph London
; Mortgage borrowers in Britain may look enviously at lower interest rates in other countries, but if you are tempted to tie your homeloan to a currency-linked mortgage you need to be wary of the pitfalls. The simplest way to take advantage of lower base rates overseas - such as 3.25 per cent in the
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Are you footloose or getting fixed up? Clare Francis asks if interest rates should dictate your choice of loan
The Independent - London
; The Bank of England might not have cut interest rates last week, but there's a feeling that it's only a matter of time. Market watchers think rates will drop from the current 6 per cent to about 5.5 per cent by the end of the year. With interest rates remaining untouched during the past 11 months,
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