and expecting a 50-50% of a UK recession. I guess forecast is forecast? Does anyone agree?
Rates are gonna stay this high for a while, hopefully.
I’m really dumb when it comes to this stuff, can someone give a sorta dumb person explanation for why this is and what the impacts are (or are intended to be)
Cowards should have put it up last time, seems like they will keep it the same for at least the next 6 months. An extra 0.25% would have surely made sense considering inflation is hardly under control.
*”back in my day, interest rates were 17% and I struggled through”*
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and expecting a 50-50% of a UK recession. I guess forecast is forecast? Does anyone agree?
Rates are gonna stay this high for a while, hopefully.
I’m really dumb when it comes to this stuff, can someone give a sorta dumb person explanation for why this is and what the impacts are (or are intended to be)
Cowards should have put it up last time, seems like they will keep it the same for at least the next 6 months. An extra 0.25% would have surely made sense considering inflation is hardly under control.
*”back in my day, interest rates were 17% and I struggled through”*