{"id":137491,"date":"2023-06-23T00:40:51","date_gmt":"2023-06-22T17:40:51","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/markets-predict-6-uk-interest-rate-by-end-of-year\/"},"modified":"2023-06-23T01:10:26","modified_gmt":"2023-06-22T18:10:26","slug":"markets-predict-6-uk-interest-rate-by-end-of-year","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/markets-predict-6-uk-interest-rate-by-end-of-year\/","title":{"rendered":"Markets predict 6% UK interest rate by end of year"},"content":{"rendered":"<p>&#013;<br \/>\nRates will remain at level until summer 2024 after Bank of England hikes benchmark rate by half a percentage pointThe financial markets are predicting UK interest rates will hit 6% by the end of the year, and remain at that level until next summer, after the Bank of England hiked its benchmark rate by half a percentage point.The financial markets were volatile as economists warned that lifting the Bank\u2019s efforts to cool inflation by lifting its key lending rate to 5% on Thursday could trigger a recession. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2023\/jun\/22\/markets-predict-uk-interest-rate-bank-of-england\" target=\"_blank\" rel=\"noopener\">Markets predict 6% UK interest rate by end of year<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Rates will remain at level until summer 2024 after Bank of England hikes benchmark rate&#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-137491","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-zLB","jetpack-related-posts":[{"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":137491,"position":0},"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":171206,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-interest-rates-will-rise-four-times-this-year-markets-predict\/","url_meta":{"origin":137491,"position":1},"title":"UK mortgage interest rates will rise four times this year, markets predict","date":"March 23, 2026","format":false,"excerpt":"\r Investors believe Bank of England is likely to act amid sustained rise in inflation from Iran warBusiness live \u2013 latest updates\u2018Trumpflation\u2019: how the Iran war\u2019s economic storm could affect BritonsThe Bank of England will raise the cost of borrowing four times this year, pushing UK interest rates from 3.75%\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housing-market-facing-strengthening-headwinds-as-prices-fall-again-business-live\/","url_meta":{"origin":137491,"position":2},"title":"UK housing market \u2018facing strengthening headwinds\u2019 as prices fall again \u2013 business live","date":"June 1, 2023","format":false,"excerpt":"\r Rolling coverage of the latest economic and financial news, as Nationwide reports that UK annual house price growth fell to -3.4%, from -2.7% in AprilWith the Bank of England expected to keep raising interest rates, the housing market will come under more pressure, Nationwide warns.The financial markets currently predict\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137172,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgages-nearly-800-deals-pulled-amid-interest-rate-fears\/","url_meta":{"origin":137491,"position":3},"title":"UK mortgages: nearly 800 deals pulled amid interest rate fears","date":"May 30, 2023","format":false,"excerpt":"\r Rates rising for new fixed-term home loans, figures from Moneyfacts showNearly 800 residential and buy-to-let mortgage deals have been pulled during the past few days by UK banks and building societies amid concern surrounding future interest rate rises, data has revealed.The figures from the financial data provider Moneyfacts also\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134346,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-price-growth-slows-to-lowest-rate-since-mid-2020-all-eyes-on-fed-decision-business-live\/","url_meta":{"origin":137491,"position":4},"title":"UK house price growth slows to lowest rate since mid-2020; all eyes on Fed decision \u2013 business live","date":"February 1, 2023","format":false,"excerpt":"\r UK annual house price growth slows to 1.1%; US Federal Reserve expected to raise rates by 25bps to 4.75% but markets wonder whether it will then pauseGood morning, and welcome to our rolling coverage of business, the world economy and the financial markets.The year has begun with further slowing\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148746,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-debt-market-sell-off-threatens-to-push-up-mortgage-costs\/","url_meta":{"origin":137491,"position":5},"title":"UK debt market sell-off threatens to push up mortgage costs","date":"January 10, 2025","format":false,"excerpt":"\r About 700,000 homeowners face increase when fixed-rate deals end this yearBusiness live \u2013 latest updatesAbout 700,000 homeowners are facing an increase in mortgage costs when their fixed-rate deals end this year, as a sell-off in the UK government debt market plunges the financial markets into turmoil and threatens to\u2026","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\/137491"}],"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=137491"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/137491\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=137491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=137491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=137491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}