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Interest rates forecasted to go up but will saving rates do the same?

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  • Prudent
    Prudent Posts: 11,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Surely West Brom have an inkling that competitive rates will be higher than 5.25% in 1 to 2 years time and higher than 5.4% in 2 to 3 years time and that, IMO is why they are offering these rates now to lock funds in then.
    I'm off to their A.G.M. tomorrow, I'll ask Andrew on his last public appearance before he disappears to survive on his all-singing, all-dancing super-inflated pension.

    Could you also ask him if they would like to offer one of those nice 7% - no linked current account required- accounts that Abbey are offering?
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