Predictions: Interest rates over the next year or so... crystal ball time!

[Deleted User]

MeteredOut said:

southone said:

The clocks go back an hour on Sunday and next week's budget is set to take us back to 1970s so without a crystal ball it's hard to tell but there is talk that this budget is likely to increase interest rates

As per the top of the page.

 "We'd like to remind Forumites to please avoid political debate on the Forum. "

Nee naw nee naw the nothing better to do police are here.

heronbommie

A recent email from HSBC suggested a rate of 2.75% 

surreysaver

jaypers said:

I think they will eventually settle to around 3%. For savings, I’ve been hedging my bets a bit and shifted a fair bit of easy access money towards fixed accounts and more recently started piling into some Regular Savers, which seem to be making a huge reemergence with decent rates, 

I'm thinking of opening sub-6% regular savers, particularly fixed rate ones, and just funding them with the minimum required just for somewhere to dump a few quid in a few months time should interest rates fall to the point where 5% if competitive.
At the moment I'll only open accounts less than 6% if I'm fully funded in accounts 6% and above, and they allow withdrawals

subjecttocontract

....and if Trump wins the Presidency, and if he withdraws support for Ukraine and Europe can't fill the gap and if Russia win, etc. If the Middle East flares up etc. Seems most of the votes for a drop in interest rates assume the world order remains as is, unchanged. I don't have that much confidence......but we can't talk politics even though there is a strong link between it & interest rates.