Interest rate and inflation predictions | Feb 2024 base rate announcement

For the fourth meeting in a row, the Bank of England voted to keep the base rate at 5.25%. Find out when they think it (and inflation) will eventually fall

Plus what this means for savings and mortgages.

W A T C H N E X T

Get the best savings account https://youtube.com/playlist?list=PLNWBCrN2Fq0AnQUocQMipBfXZR-v3HTqA

Should you overpay your mortgage? https://www.youtube.com/watch?v=PhdLHlfinkk&t

#UKInflation #UkInterestRate #Ukbaserate

MORE

00:00 the February 2024 Bank of England decision
01:56 Why they made the decision
05:50 Will the base rate fall?
07:58 How it impacts savings
11:20 How it impacts mortgages

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A B O U T A N D Y

Andy Webb is a money blogger and journalist. He runs the award-winning website Be Clever With Your Cash, hosts the Cash Chats podcast, presented Channel 5’s Shop Smart Save Money and writes every month for Reader's Digest. Andy also founded the community ukmoneybloggers.com.

DISCLAIMER
Content in these videos does not constitute regulated financial advice. Any offers mentioned were correct at the time of filming.


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https://realestatevideos.club/Mortgages/0-rate-cuts-before-canadas-spring-real-estate-market