Interest Rates: Why the Era of Cheap Money Is Finally Ending

John Whittaker, Senior Teaching Fellow in Economics, Lancaster University.____
The Bank of England was widely expected to slightly increase its official bank rate on November 4, but it decided to stick to the all-time low of 0.1%. However, the bank has made it clear that a rise will soon be needed, and the recent increases in mortgage rates indicate that lenders agree. So why the decision to hold off?…
Read More: Interest Rates: Why the Era of Cheap Money Is Finally Ending  Read more »
Pay, Trade, Buy Bitcoin with Credit Card