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interest rate cuts ?

Do you think that is it now for interest rate cuts ? is there likely to be another cut

Comments

  • Bambywamby
    Bambywamby Posts: 1,608 Forumite
    Part of the Furniture Photogenic Combo Breaker
    They are reviewing the interest rates on March 5th, so not long to wait.

    http://www.bankofengland.co.uk/
  • naijapower
    naijapower Posts: 1,393 Forumite
    I think thats it for now. I dont see any further cuts for the significant future
  • Barneysmom
    Barneysmom Posts: 10,136 Ambassador
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    I wonder what's going tohappen, it's at 1 now, right? So if it goes down, is it likely to be only a little - a half or quarter?
    I’m a Forum Ambassador and I support the Forum Team on the Old style MoneySaving boards.
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  • opinions4u
    opinions4u Posts: 19,411 Forumite
    Even if the BofE cuts, there is little room for banks to reduce interest rates to savers.

    So don't expect to see a wide choice of competitive trackers launched alongside massive SVR reductions.
  • illgetthere
    illgetthere Posts: 123 Forumite
    some are saying there may be another 0.5%..
    As Sceptic Peg predicts, House prices this week will be going up!.............................or down.
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