Financial Times - Rate cut expectations shift as Bank of England holds fire
Mortgage borrowers, investors and savers shifted their expectations of a cut in interest rates to August, after the Bank of England kept base rate on hold.
Aaron Strutt, of Trinity Financial, told the Financial Times: “Even though the Bank of England has not reduced base rates this month, fixed rate mortgages are set to carry on getting cheaper, particularly as competition intensifies between the banks and building societies.”
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