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Current interest rates to stick…for now

As we approach the next monetary policy committee (MPC) meeting there is no doubt that concerns will be raised as to the future of interest rates as I laid out in my article a couple of weeks back. I don’t believe they will raise rates now and it’s likely they will allow the current rate rises to have their impact on the spending patterns of the consumer, before making the decision to increase. Keep a close eye on the inflation data coming through over the next few months.

Interest rates & the effect on house prices

Reader Writes:

I read your thoughts on the housing market a few months back and wondered if you had any views on whether or not the interest rates will have an effect on the prices immediately.