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  • Casual Articles - UK Interest Rates to Hit 5.75% Due to Inflation Concerns

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    is required to meet the CPI target of 2% in two years time .

    The Bank confirms the Market Oracles for

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    With the publication of the quarterly inflation report, Bank of England Governor Mervyn King confirmed that a further rise in interest rates to 5.75% is likely to occur later this summer, in an attempt to bring inflation back under control. He stated "The path of interest rates assumed in this projection anticipates a further rise in the bank rate,"

    The inflation report confirmed that a rise in interest rates to 5.75% is required to meet the CPI target of 2% in two years time .

    The Bank confirms the Market Oracles fore

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    a further rise in interest rates to 5.75% is likely to occur later this summer, in an attempt to bring inflation back under control. He stated "The path of interest rates assumed in this projection anticipates a further rise in the bank rate,"

    The inflation report confirmed that a rise in interest rates to 5.75% is required to meet the CPI target of 2% in two years time .

    The Bank confirms the Market Oracles for

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    lation back under control. He stated "The path of interest rates assumed in this projection anticipates a further rise in the bank rate,"

    The inflation report confirmed that a rise in interest rates to 5.75% is required to meet the CPI target of 2% in two years time .

    The Bank confirms the Market Oracles for

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    urther rise in the bank rate,"

    The inflation report confirmed that a rise in interest rates to 5.75% is required to meet the CPI target of 2% in two years time .

    The Bank confirms the Market Oracles for

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    is required to meet the CPI target of 2% in two years time .

    The Bank confirms the Market Oracles forecast for UK interest rates to hit 5.75% by September this year.

    The next objective is to determine what follows 5.75% interest rates, for that key clues are whether the anticipated slump in the UK housing market transpires after the final flurry of summer activity wears off. If as expected the UK housing market goes into a protracted slump, then that will have the effect of pulling CPI inflation back on target to reac

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