Tuesday, 10 April 2007



UK rates left unchanged at 5.25%

http://www.the-mortgageman.co.uk/
The Bank of England has voted to leave rates on hold at 5.25% for a second month in a row.
While the decision is likely to please borrowers, experts widely predict that rates will rise to 5.5% in May.
Recent economic data has shown UK inflation edging up and retail sales still growing strongly.
The EEF employers' organisation welcomed the decision to leave rates on hold but added that inflation pressures would to trigger another rise soon.

1 comment:

Professor Howdy said...

Hello!
Very good posting.
Thank you - Have a good day!!!