How High Will Interest Rates Go?

The UK has the highest inflation of any major economy, and markets expect the Bank of England to keep hiking interest rates in response. But how high could rates go? Will mortgages become unaffordable? We discuss the chances of a recession and whether house prices could crash. And in today’s Dumb Question of the Week: Why do central banks raise interest rates incrementally rather than in one big jump? ---Get in touch 📧 [email protected] 🎧 many-happy-returns.captivate.fm --- Join PensionCraft 🌐 Become a member at pensioncraft.com ▶️ Subscribe on YouTube ---Disclaimer This podcast is for informational and entertainment purposes and is not financial advice. We do not provide recommendations or endorse any decision to buy, sell or hold any security. We cannot be held responsible for any actions listeners may take and investors are encouraged to seek independent financial advice. Copyright 2023 Many Happy Returns