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Interest rates frozen - so what now?
Last post Fri, Aug 08 2008, 10:24 AM by Community. 0 replies.
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Fri, Aug 08 2008, 10:24 AM |
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Joined on Tue, Mar 28 2006
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Shopaholic
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Points 10,167
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Interest rates frozen - so what now?
We are now a year into the credit crunch and the Bank of England has taken the decision to freeze Bank rate once again amid warnings that rises could turn the crunch into a crash. Nevertheless, financial institutions are still altering their rates so what action should consumers take? Clare Francis looks at your next move...
Click here to read more...
Have your say: Do you think the MPC was right to keep interest rates on hold this month and how is rising inflation and the slowing economy affecting you?
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