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Interest Rates held at 0.5%

RenovationMan · 2010-12-09 14:03:50

I'm surprised this hasnt been reported already (apologies if it has!) http://www.bbc.co.uk/news/business-11959664 "The Bank of England's Monetary Policy Committee (MPC) has kept UK interest rates on hold at 0.5%, and unveiled no new quantitative easing (QE) measures. Both decisions were expected, but it will not be clear…

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adr0ck Posts: 2,374 Forumite

10 December 2010 at 1:20PM

swap rates of only 4% by 2020 says it all

interest rates below 1% are here for at least another few years

probably at least 5 years

personnally i don't think we will see interest rates of 1.5% until 2017 at the earliest

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Interest Rates held at 0.5%

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