{"id":134919,"date":"2023-02-23T20:53:36","date_gmt":"2023-02-23T13:53:36","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-rates-will-need-to-rise-again-warns-bank-of-england-rate-setter\/"},"modified":"2023-02-23T21:02:17","modified_gmt":"2023-02-23T14:02:17","slug":"interest-rates-will-need-to-rise-again-warns-bank-of-england-rate-setter","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-rates-will-need-to-rise-again-warns-bank-of-england-rate-setter\/","title":{"rendered":"Interest rates will need to rise again, warns Bank of England rate-setter"},"content":{"rendered":"<p>&#013;<br \/>\nMPC\u2019s Catherine Mann says high rates necessary to stop inflation becoming embedded in wages and pricesInterest rates will need to rise again to prevent inflation becoming a persistent problem in the UK, a Bank of England policymaker has warned.A shortage of workers and high wage demands were likely to continue pushing up inflation, acting as a counterweight to falling energy prices, said Catherine Mann, a member of the Bank\u2019s monetary policy committee (MPC), which sets the base rate. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2023\/feb\/23\/interest-rates-rise-bank-mpc-inflation-wages-prices\" target=\"_blank\" rel=\"noopener\">Interest rates will need to rise again, warns Bank of England rate-setter<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; MPC\u2019s Catherine Mann says high rates necessary to stop inflation becoming embedded in wages and&#46;&#46;&#46;<\/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-134919","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-z67","jetpack-related-posts":[{"id":127169,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-england-warns-inflation-will-hit-11pc-but-still-votes-against-bigger-interest-rate-rise\/","url_meta":{"origin":134919,"position":0},"title":"Bank of England warns inflation will hit 11pc \u2013 but still votes against bigger interest rate rise","date":"June 17, 2022","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Bank of England warns inflation will hit 11pc \u2013 but still votes against bigger interest rate rise","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":90702,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/raise-interest-rates-now-or-battle-higher-inflation-later-warns-bank-of-england-policymaker\/","url_meta":{"origin":134919,"position":1},"title":"Raise interest rates now or battle higher inflation later, warns Bank of England policymaker\u00a0","date":"June 7, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Raise interest rates now or battle higher inflation later, warns Bank of England policymaker\u00a0","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131341,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-rates-likely-to-jump-as-markets-await-bank-of-england-decision\/","url_meta":{"origin":134919,"position":2},"title":"Interest rates likely to jump as markets await Bank of England decision","date":"November 3, 2022","format":false,"excerpt":"\r Analysts 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\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136614,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/1-5m-uk-homeowners-on-variable-rate-mortgages-face-new-borrowing-rise\/","url_meta":{"origin":134919,"position":3},"title":"1.5m UK homeowners on variable rate mortgages face new borrowing rise","date":"May 11, 2023","format":false,"excerpt":"\r Bank of England expected to push interest rates up to 4.5% to tackle high inflation rateAlmost 1.5 million homeowners with variable rate mortgages face higher borrowing costs with the Bank of England expected to push up interest rates on Thursday to 4.5%.A poll of City analysts found there was\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128486,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-does-the-bank-of-england-interest-rate-rise-mean-for-you\/","url_meta":{"origin":134919,"position":4},"title":"What does the Bank of England interest rate rise mean for you?","date":"August 4, 2022","format":false,"excerpt":"\r From first-time home buyers to credit card users, we look at how your finances may be affectedThe Bank of England has voted to raise interest rates by 0.5 percentage points to 1.75% as the UK battles to prevent inflation running out of control. We look at what that means\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82871,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-england-warns-on-mortgage-risk-as-interest-rates-rise\/","url_meta":{"origin":134919,"position":5},"title":"Bank of England warns on mortgage risk as interest rates rise","date":"March 16, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Bank of England warns on mortgage risk as interest rates rise","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/134919"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=134919"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/134919\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=134919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=134919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=134919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}