UK Interest Rates

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650 ----------------------------------------------------------------------- Question: Will the Bank hike the rates in the next quate

- Ye

- N

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If the bank of England put up their interest rates supprisingly a fe

weeks ago, what makes people so certain that they will put thei interest rates up now. Basically, if everyone thought that interes rates weren't going to change, what the sudden change of opinion

Reply to
Mike Wong
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The inflation figures were much higher than expected. The Bank of England put the rates up because they had a preview of the figures before anyone else saw them.

Reply to
Jonathan Bryce

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