BBCNEWS BBC News June 4, 2024 16:13:00
A vote on the base rate had been a 3%, put up to 3% last month, quite an aggressive rise, 0.75 but today we got this ninth rate rise to 3.5%. interesting, the committee was split. six members voted for this. one of them wanted to put it up by 0.75 again. but two wanted to keep it lower. what we want to know is how quickly they might keep going up. i think the thinking was they would go to for .5, 5% sometime next year. experts are now saying potentially as high as 4% and then start dropping. potentially as high as 496 and then start dropping-— start dropping. exactly and this 'ust start drop...