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BBCNEWS BBC News Now June 4, 2024 11:10:00

Towards the market presumption that rates will go up further to around 6% in the beginning of next year and then stay there for seven or eight months. that is where markets of betting rates will go. they decided to depend on the data, so if the data continues to disappoint, expect another rate rise now and august and perhaps beyond that, but it really just depends. i think they re hoping the inflation rate comes down as energy prices come out, the energy price rises we saw last year, come out of the inflation number, but they have been many negative surprises for the inflation number, as we will be just yesterday. as we will be ust yesterday. thank ou ve as we will be just yesterday. thank you very much. as we will be just yesterday. thank you very much, faisal as we will be just yesterday. thank you very much, faisal islam, - as we will be just yesterday. thank you very much, faisal islam, our. you very much, faisal islam, our economics editor. a number of lines coming in to us f ....

Market Presumption , Inflation Rate , Rate Rise , Energy Prices , Energy Price , Bank Of England , Faisal Islam , Inflation Number , Thank Ou Ve , Economics Editor , Just Yesterday , Interest Rates ,

BBCNEWS BBC News at Six June 4, 2024 17:16:00

But that wouldn t do anything to help inflation, would it? this is about helping people who are struggling, particularly with, in this case, rising mortgage costs. the liberal democrats say they would spend more taxpayers money helping the poorest. but there needs to be a last line of defence. there has been in the past, where governments gave grants to people who would otherwise see their homes repossessed and their families out in the streets. bills going up, our economy, our politicians, in a bind. things might have to get worse for some, at least before they get better. let s get more on this from both faisal and chris, first, interest rates are expected to go up a couple more times, is there any guarantee this will work and control inflation? ....

Mortgage Costs , Wouldn T , Liberal Democrats , Interest Rates , Chris Mason ,

BBCNEWS Nicky Campbell June 4, 2024 08:39:00

Today. but we began to get into the personal, into the heart of your lives, and i think that s the important thing for those who make these decisions to hear. so do get in touch and tell us how all this is and how all this will affect you, what we are going through at the moment. kevin peachey, we get to the decision at noon and we don t know what it is going to be. it could be 4.75, it could be 5%. i was speaking to faisal yesterday, our economics editor, and he said it will not be unanimous. editor, and he said it will not be unanimous- editor, and he said it will not be unanimous. ., ., ., unanimous. no, it won t, and we will aet unanimous. no, it won t, and we will net that unanimous. no, it won t, and we will get that decision unanimous. no, it won t, and we will get that decision in unanimous. no, it won t, and we will get that decision in a unanimous. no, it won t, and we will get that decision in a couple - unanimous. no, it won t, and we will get that decision in a co ....

Kevin Peachey , 4 75 , Won T , Economics Editor , Kevin Money ,

BBCNEWS BBC News at Ten June 4, 2024 21:17:00

They would spend more taxpayers money helping the poorest. there needs to be a last line of defence. there has been in the past, where governments gave grants to people who would otherwise see their homes repossessed and their families out on the streets. bills going up, our economy, our politicians, in a bind. things might have to get worse for some, at least before they get better. chris and faisal are both here. we will talk about the political decisions but first of all, how much was confiscated in terms of interest rates? , ., , ., , was confiscated in terms of interest rates? , . , ., rates? interest rates at 5% now, 15 ears of rates? interest rates at 5% now, 15 years of low rates? interest rates at 5% now, 15 years of low rates, rates? interest rates at 5% now, 15 years of low rates, zero rates? interest rates at 5% now, 15 years of low rates, zero rates, - rates? interest rates at 5% now, 15| years of low rates, zero rates, over in 15 months, that is bad for people ....

Chris Mason , Interest Rates ,

BBCNEWS BBC News at Ten June 4, 2024 21:06:00

The better end of the spectrum? he is the one laughing, and am certainly the one paying the price. price rises remain hot, so more interest rate rises are coming from tomorrow. enough to risk a renewed downturn or even a recession that some government advisers argue is the only way to extinguish the inflationary fire. faisal is with me, and our political editor chris mason is at westminster. just asking the direct question at this point to you, how does the government, how does the bank of england to try to tackle a problem which is even more stubborn, clearly, than they thought? irate clearly, than they thought? we alwa s clearly, than they thought? - always knew after an unprecedented triple economic shock affecting the world and britain over the last three years, there was going to be a tricky tightrope between growth, downturn and inflation on the other hand. we now know the tightrope is trickier and it is especially tricky for the uk, versus other similar ....

Price Rises , Interest Rate Rises , Chris Mason , Bank Of England , We Alwa S ,