{"id":131341,"date":"2022-11-03T07:01:28","date_gmt":"2022-11-03T00:01:28","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-rates-likely-to-jump-as-markets-await-bank-of-england-decision\/"},"modified":"2022-11-03T07:15:56","modified_gmt":"2022-11-03T00:15:56","slug":"interest-rates-likely-to-jump-as-markets-await-bank-of-england-decision","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-rates-likely-to-jump-as-markets-await-bank-of-england-decision\/","title":{"rendered":"Interest rates likely to jump as markets await Bank of England decision"},"content":{"rendered":"


\nAnalysts believe a 0.75 percentage point rise is likely, potentially the biggest hike in the base rate since 1989UK food prices soar by fastest rate on recordLarry Elliott: UK plc is about to be thrown into a black holeFed unveils sixth consecutive hike in US rates to fight inflationMortgage rates are expected to jump on Thursdayin response to the largest increase in the Bank of England\u2019s base rate since 1989, as the central bank tries to bring down an inflation rate expected to remain in double figures until at least next spring.Marking the eighth consecutive interest rate rise, the Bank of England is expected to push the base interest rate up by 0.75 percentage points to 3% after what is likely to be a tense meeting of the monetary policy committee (MPC). Continue reading…
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\nSource : theguardian.com
\nRead more…Interest rates likely to jump as markets await Bank of England decision<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Analysts believe a 0.75 percentage point rise is likely, potentially the biggest hike in the...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-131341","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-yap","jetpack-related-posts":[{"id":131351,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-will-the-uk-interest-rate-hike-affect-you\/","url_meta":{"origin":131341,"position":0},"title":"How will the UK interest rate hike affect you?","date":"November 3, 2022","format":false,"excerpt":"\r From loans to mortgages, house prices to credit cards \u2013 all you need to know about the biggest rate rise since 1989The Bank of England has hiked interest rates by 0.75 percentage points to 3% \u2013 the eighth rise since last December and the biggest since 1989. 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What\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138618,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-interest-rate-rise-what-it-means-for-you\/","url_meta":{"origin":131341,"position":2},"title":"UK interest rate rise: what it means for you","date":"August 3, 2023","format":false,"excerpt":"\r How the new base rate may affect mortgage holders and saversThe Bank of England has yet again raised interest rates \u2013 the 14th consecutive rise since December 2021. After June\u2019s unexpected 0.5% rise, this time the increase is 0.25 percentage points, taking the base rate to 5.25%. So what\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95265,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-will-interest-rate-rise-affect-mortgages-savings-and-property\/","url_meta":{"origin":131341,"position":3},"title":"How will interest rate rise affect mortgages, savings and property?","date":"August 2, 2018","format":false,"excerpt":"\r Impact of Bank of England\u2019s decision to lift base rate for only second time in a decadeThe Bank of England on Thursday raised its base rate for only the second time in a decade, inching it up from 0.5% to 0.75%. 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Here is all you need to knowAnalysis: UK borrowers face a serious reality checkNews story: interest rates rise to 3.5%The Bank of England has once again raised interest rates \u2013 this time by 0.5 percentage\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136624,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-interest-rate-rise-how-will-it-affect-you\/","url_meta":{"origin":131341,"position":5},"title":"UK interest rate rise: how will it affect you?","date":"May 11, 2023","format":false,"excerpt":"\r The quarter-point rise to 4.5% hits mortgage holders, credit card users and people seeking loans, but savers could benefitThe Bank of England has yet again hiked interest rates, in the 12th consecutive rise since December 2021. 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