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NewsBot
25-Oct-21, 00:32
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:

What Might Rising Interest Rates Mean For Different Generations?



https://caithness-business.co.uk/image_cache/na15012_tn.jpg
Earlier last week, markets reacted to comments by the governor of the Bank of England by bringing forward their expectations of when interest rates will rise. Bank Rate currently sits at an ultra-low 0.1% and hasn't exceeded 1% since January 2009 but markets are now pricing-in an increase at next month's MPC meeting and expect rates to reach 1% by next summer. [Read Full Article (https://caithness-business.co.uk/article/15012)]