"The Easy Way to Get Your Best UK Mortgage" |
|
| Helping
over 300,000 people a year find the right mortgage NINE YEARS ONLINE |
|
|
|
|
||||||
|
|
Latest UK Interest Rates Forecasts and Predictions for Home and Property in the UK at 30 May 2008
| UK Interest Rate: 5.00% UK Interest Rates Forecast: Rate cuts unlikely before Q4 2008 MPC Minutes Show Inflation Priority The minutes from the May meeting of the Bank of England Monetary Policy Committee have been published this week. They confirm that the MPC's priority is controlling inflation and that they consider a period of reduced economic growth "necessary" to achieve inflation targets. The MPC also noted that it was important for them to manage the public's expectation of inflation levels. Most members considered that a cut in the bank rate would make it "more difficult" to keep inflation expectations under control. Given the latest inflation figures and the Bank's reaffirmed commitment to their inflation targets, it seems extremely unlikely that there will be a rate cut until much later this year. Most Economists Expect Q4 Rate Cut Most economists surveyed in a Reuters poll are still expecting a cut in the final quarter of 2008, but not until then. The median forecast predicted a cut to 4.75% in September with a further cut to 4.5% by the end of the year. This corresponds broadly with the expectations of a group of leading economists interviewed by the Guardian newspaper. Amit Kara, an economist at UBS, said that "in our view the next move [in interest rates] will be a cut, and we will have to wait for that until November". Inflationary Pressures Continue The latest figures from the Confederation of British Industry (CBI) show that UK manufacturers are planning to increase their prices faster than at any point in the last 12 years over the coming months. The figures show that rising input costs - raw materials and fuel - are to blame for the price rises. Of the businesses surveyed, 30 per cent more are planning to increase prices than decrease them in the next few months - the highest level since February 1995. The CBI survey also found that manufacturers' order books are continuing to weaken for the second consecutive month. |
Latest Interest Rates Forecast in the UK
Interest Rates Forecast to 10/10/06
Interest Rates Forecast to 20/10/06
Interest Rates Forecast to 27/10/06
Interest Rates Forecast to 7/11/06
Interest Rates Forecast to 22/11/06
Interest Rates Forecast to 27/11/06
Interest Rates Forecast to 3/12/06
Interest Rates Forecast to 10/12/06
Interest Rates Forecast to 17/12/06
Interest Rates Forecast to 22/12/06
Interest Rates Forecast to 29/12/06
Interest Rates Forecast to 5/1/07
Interest Rates Forecast to 12/1/07
Interest Rates Forecast to 19/1/07
Interest Rates Forecast to 26/1/07
Interest Rates Forecast to 2/2/07
Interest Rates Forecast to 9/2/07
Interest Rates Forecast to 16/2/07
Interest Rates Forecast to 23/2/07
Interest Rates Forecast to 2/3/07
Interest Rates Forecast to 9/3/07
Interest Rates Forecast to 16/3/07
Interest Rates Forecast to 23/3/07
Interest Rates Forecast to 30/3/07
Interest Rates Forecast to 6/4/07
Interest Rates Forecast to 13/4/07
Interest Rates Forecast to 20/4/07
Interest Rates Forecast to 27/4/07
Interest Rates Forecast to 4/5/07
Interest Rates Forecast to 11/5/07
Interest Rates Forecast to 18/5/07
Interest Rates Forecast to 25/5/07
Interest Rates Forecast to 8/6/07
Interest Rates Forecast to 15/6/07
Interest Rates Forecast to 22/6/07
Interest Rates Forecast to 6/7/07
Interest Rates Forecast to 13/7/07
Interest Rates Forecast to 20/7/07
Interest Rates Forecast to 27/7/07
Interest Rates Forecast to 3/8/07
Interest Rates Forecast to 10/8/07
Interest Rates Forecast to 17/8/07
Interest Rates Forecast to 24/8/07
Interest Rates Forecast to 31/8/07
Interest Rates Forecast to 7/9/07
Interest Rates Forecast to 14/9/07
Interest Rates Forecast to 21/9/07
Interest Rates Forecast to 28/9/07
Interest Rates Forecast to 5/10/07
Interest Rates Forecast to 12/10/07
Interest Rates Forecast to 19/10/07
Interest Rates Forecast to 26/10/07
Interest Rates Forecast to 2/11/07
Interest Rates Forecast to 9/11/07
Interest Rates Forecast to 16/11/07
Interest Rates Forecast to 30/11/07
Interest Rates Forecast to 7/12/07
Interest Rates Forecast to 14/12/07
Interest Rates Forecast to 21/12/07
Interest Rates Forecast to 28/12/07
Interest Rates Forecast to 11/1/08
Interest Rates Forecast to 18/1/08
Interest Rates Forecast to 25/1/08
Interest Rates Forecast to 1/2/08
Interest Rates Forecast to 8/2/08
Interest Rates Forecast to 15/2/08
Interest Rates Forecast to 22/2/08
Interest Rates Forecast to 29/2/08
Interest Rates Forecast to 7/3/08
Interest Rates Forecast to 14/3/08
Interest Rates Forecast to 21/3/08
Interest Rates Forecast to 28/3/08
Interest Rates Forecast to 4/4/08
Interest Rates Forecast to 11/4/08
Interest Rates Forecast to 18/4/08
Interest Rates Forecast to 25/4/08
Interest Rates Forecast to 2/5/08
Interest Rates Forecast to 9/5/08
Interest Rates Forecast to 16/5/08
Interest Rates Forecast to 23/5/08
Click here to go to the Home page and find out more information about UK Mortgages, UK Mortgage Quotes, UK Morgage Finance, Interest only mortgages (even with bad credit) or Home Insurance Policies Quote.
Browse over 200 Free Mortgage TipsYour Complete Guide to UK Mortgages Find Out How to Win the Race to Buy Your Home - Home Buyers Guide Learn How to Save ££s by Remortgaging Read the Insider Info on Home Insurance Site Help |
 |  |  |  |
|
©Moneysorter Ltd. Office registered in England, Company Number: 3891081, VAT reg no 769 7245 74 Data Protection Register number Z4835056 Consumer Credit Licence 509896. This website is Approved by Cradon Investments Ltd Authorised and Regulated by the Financial Services Authority FSA No: 300505 |