Interest rates rise predictions

The MPC’s latest decision was ‘hold’ and a rise looks a long way off. In fact, the focus has turned back on to whether the Bank of England will return to money printing rather than when it might increase borrowing costs.

Table of contents

Interest rates rise predictions

Predictions on interest rate rising

The MPC's latest decision was 'hold' and a rise looks a long way off. In fact, the focus has turned back on to whether the Bank of England will return to money printing rather than when it might increase borrowing costs.The MPC voted 9-0 in favour of holding rates in August - (the September voting pattern and meeting minutes will be published tomorrow). The vote had been locked at 7-2 for two months and it was 6-3 before that.That shift reflects the remarkable and rapid movement in forecasts for rates over the summer, with predictions for the first rise, week by week, taking huge strides into the future.In June, the prediction had been for an increase in July or August 2012. And earlier this year, futures markets were even indicating at one point that a rate rise was imminent.But by the start of August, futures markets were pencilling in early 2013 for the first increase. Now, following the massive stock market turbulence and government debt fears, markets are oscillating between a suggestion the first rise being in late 2014 or early 2015

Join our Newsletter

Subscribe and get the latest updates about inheritance tax and Estate Planning into your mailbox.

Our specialist inheritance tax service is easier, simpler and more cost effective than instructing a Lawyer, Accountant or Financial Adviser.

Contact Us

Bluebond Tax Planning
5 PalmerstonDrive,
Wheathampstead,
Herts,
AL4 8FE

Tel: 020 8895 6157 (clients only)
Tel: 01582 832253 (suppliers only)

Email:

enquiry@bluebond.co.uk

Watch how we solved our client Frank's inheritance tax problem and saved him both time and money.

The information contained in this web site is for UK consumers only.  Like most firms of solicitors and accountants, Bluebond Tax Planning is not regulated by the FCA. The content of this website does not constitute FCA regulated financial advice and all content is provided for general information purposes only. Bluebond is not responsible for any action you may take as a result of information on this site. All advice will be delivered on a personal basis once we fully understand your situation and our client agreements have been signed.

Copyright © 2021 Bluebond.co.uk
-
Copyright Notice
-
Legal Disclaimer
-
Terms & Conditions
-
Privacy Policy