December 6, 2007
Loan rate uncertainty
The City of London is reportedly split over what interest rates will do this year. Nearly half of all City economists believe that interest rates will rise again before the summer, with some forecasting the rise next month, and many more in May, according to The Times. Most experts believe the Bank of England will not oppose a rate rise before the general election, expected to take place on May 5th.“We continue to expect one further quarter-point hike - but not before the next (Bank) Inflati
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