Bank of England rate rise nothing to be concerned about, yet?

Discussion in 'General Property Investment Discussion' started by diyhelp, Aug 10, 2018.

  1. diyhelp

    diyhelp Member

  2. Longterminvestor

    Longterminvestor Active Member

    We could see a situation when the UK economy tanks if there is a "no deal" on Brexit and the BofE will be forced to reduce interest rates again. I am very surprised they increased rates, and indicated more rises to follow - is anyone else surprised?
     
  3. realdeals

    realdeals Member

    While some would suggest that the Bank of England is simply reacting to the situation today, surely it is the role of the Bank of England to look forward? We could genuinely be in a situation when interest rates fall again if the UK fails to negotiate a Brexit deal with Europe.
     
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