Really great to see. This was all but guaranteed after the inflation data came in significantly better than anyone was expecting.
Personal_Director441 on
Apparently the BoE have only done this to ‘Save Labour’ according to the Mail, wonder how many times they ‘saved’ the Tories then.
Obscure-Oracle on
“Blows to Rachel Reeves as savers see returns on their everyday savings accounts plummet right before Christmas”
radiant_0wl on
>This Budget news, in combination with other news in recent CPI data and with some downward moves in sterling oil and gas futures curves since November, had led **Bank staff to lower their expectation for CPI inflation to closer to 2% in 2026 Q2.**
Probably the most significant aspect to it. Inflation is expected to be at the 2% target within the next 6 months (reminder set) – it will be interesting to see how accurate that turns out to be.
AncientStaff6602 on
Hoping it stays around this or a touch lower. Mortgage needs renewed in 18 months or so
orangepeel1992 on
What is the target for interest rates? Surely dont want to go back to the 1% era and definitely not the 5.25%.
NLF7 on
Mortgage renewal in May, hopefully this continues to drop!
luxford2 on
Mortgage needs renewing in June, so no complaints! Even if it is because the economy is toast and unemployment rising…
8 commenti
Really great to see. This was all but guaranteed after the inflation data came in significantly better than anyone was expecting.
Apparently the BoE have only done this to ‘Save Labour’ according to the Mail, wonder how many times they ‘saved’ the Tories then.
“Blows to Rachel Reeves as savers see returns on their everyday savings accounts plummet right before Christmas”
>This Budget news, in combination with other news in recent CPI data and with some downward moves in sterling oil and gas futures curves since November, had led **Bank staff to lower their expectation for CPI inflation to closer to 2% in 2026 Q2.**
Probably the most significant aspect to it. Inflation is expected to be at the 2% target within the next 6 months (reminder set) – it will be interesting to see how accurate that turns out to be.
Hoping it stays around this or a touch lower. Mortgage needs renewed in 18 months or so
What is the target for interest rates? Surely dont want to go back to the 1% era and definitely not the 5.25%.
Mortgage renewal in May, hopefully this continues to drop!
Mortgage needs renewing in June, so no complaints! Even if it is because the economy is toast and unemployment rising…