loan interest, where is it heading

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we are watching where intrest rates are heading.



Central banks around the world are raising or about to raise interest rates. All except our own Bank of England.
The European Central Bank yesterday raised the key eurozone interest rate to 2.5%. It’s the second rate hike in four months, and comes amid concerns about rising inflation, property bubbles, and evidence that the region’s economy is showing signs of improving growth.
But back in the UK, analysts cling to the hope that slowing economic growth will eventually lead the Bank of England to trim rates this year.
While we don’t doubt that the UK’s economic growth is weak and getting weaker, there’s still the other part of the interest rate equation to worry about – inflation…

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