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Interest rates 'to stay at 5.75 per cent'
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INTEREST rates are likely to be held at 5.75 per cent this week
after the recent stock market jitters and a lower-than-expected rise
in inflation.
A poll of 61 economists all expect the Bank of England (BoE) to
make no change as markets still struggle to stabilise in the wake of
the credit crunch.
Consumer price inflation (CPI) also fell unexpectedly below target
in July to 1.9 per cent, taking the sting out of policymakers'
suggestion in the BoE August Inflation Report that ra...
Related newspaper, magazine, and journal articles from HighBeam Research
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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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'2009 will see aggressive rate cuts as inflation falls' The Bank of England is most likely to peg interest rates at five per cent this week, argues economist Howard Archer at Global Insight. But with recession looming, a cut seems likely before the end of the year.(Business)
The Birmingham Post (England)
; Byline: Howard Archer It now seems a question of when, rather than will, the Bank of England cut interest rates. Although Timothy Besley continued to vote for an interest rate hike from five per cent to 5.25 per cent at the August meeting of the monetary policy commitee meeting and only David
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City expects interest rates to hit 4 per cent by spring
The Scotsman
; INTEREST rates will rise to 4 per cent by March, according to the latest poll of City economists. A survey in the Square Mile by financial information group Bloomberg found that the most common prediction is a 25 basis point increase in the first quarter of next year. Rates are currently at 3.75
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Are higher global interest rates a thing of the past?
Management Services
; Of late, interest rates globally have been at historic lows in many countries. The USA, UK and Europe have experienced rates of under five per cent for nearly a decade, however there may be some small rises in the future. This article sets out to explore why this may be the case and whether it is
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Interest rates to fall to 4 per cent this year as UK plc gets back on its feet, economists predict
Scotland on Sunday
; A FURTHER cut in interest rates by the end of the year has been forecast by economists as growth begins to recover from a "dismal" 2005. Roger Bootle, economic adviser to Deloitte, believes the economy will pull through its current uncertainties and interest rates will fall to 4 per cent and "could
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