N
nmb
Well-Known Member
Even though the US authorities recently increased base rates it seems that few other central banks will follow in the short term. The Bank of England recently suggested an increase in UK base rates was now unlikely before August 2018 and four expected US rises this year have now been discounted.
However, base rates will rise eventually – have you stress tested you finances at higher base rates to see how your net income would be impacted?
However, base rates will rise eventually – have you stress tested you finances at higher base rates to see how your net income would be impacted?