0.5pp Rate Rise Ratchets Up Pressure On Homeowners As Life Gets Tougher

Federal Reserve interest rate history

The MPC announced a rate rise of 0.5 percentage points. Mortgages: what it means for you Savers: what it means for you What next? It’s yet another agonising squeeze for hard-pressed borrowers. The Bank of England has ratcheted up the pressure with another 0.5 percentage point hike. It’s going to come as a horrible blow […]