The Latest Breaking News from Interest Rates

First-time buyers ‘may need to lower ambitions’ as rates hiked further

The latest Bank of England base rate rise will add around £49 per month to the average tracker mortgage.

The Independent UK · Dec 15, 2022

2 Strong Buy Stocks You Should Never Sell

The Fed announced a 50-bps rate hike this week, stepping down from its 75-bps raises for four consecutive times. With cooling inflation and reduced interest rate hikes, the economy might succeed in avoiding a recession. However, as the market conditions are expected to remain uncertain with the Fed intending to…

StockNews.com · Dec 15, 2022

Interest rates increased to 3.5% by Bank of England in 14-year high to tackle inflation

The Bank has raised interest rates once again in a bid to meet its 2% inflation target, with figures this week showing that inflation is currently at 10.7%

Chronicle Live · Dec 15, 2022

Bank of England raises interest rates to highest level for 14 years

THE Bank of England has raised interest rates to their highest level for 14 years, putting further pressure on mortgage holders.

The National (Scotland) · Dec 15, 2022

Mortgage payments up again as interest rates hiked to highest level in 14 years

The Bank of England has raised interest rates to 3.5% from 3%

Wales Online · Dec 15, 2022

Bank of England raises interest rates to 3.5% despite inflation easing

Borrowers hit with higher costs as bankers signal UK not out of the woods yet

The Independent UK · Dec 15, 2022

Bank of England raises interest rates to 3.5% in ninth increase in a year

Majority of MPC rate-setters back hike of 0.5 percentage points despite fears UK is entering a long recession

The Guardian - UK · Dec 15, 2022

Interest rates hiked to 3.5% in 14-year high - what it means for your money

The base rate - which was already at a 14-year high - has today been increased by 0.5 percentage points, up from 3% and the ninth time in a row the Bank of England has taken action

Daily Mirror · Dec 15, 2022

Interest rates – live: Bank of England hikes base rate in fresh blow to mortgage holders

Officials raise base rate for ninth consecutive time

The Independent UK · Dec 15, 2022

Bank of England’s Bailey sees ‘first glimmer’ of inflation easing, after lifting interest rates to 3.5% – business live

Bank of England says most housing market indicators have continued to soften, as it increases UK interest rates to 14-year high of 3.5% in split decision

The Guardian - UK · Dec 15, 2022