Interest Rates: Why the Era of Cheap Money Is Finally Ending | 🥇 The Future of Cryptocurrency 🥇
Interest Rates: Why the Era of Cheap Money Is Finally Ending
The Bank of England was widely expected to slightly increase its official bank rate on November 4, but it decided to stick to the all-time low of 0.1%. However, the bank has made it clear that a rise will soon be needed, and the recent increases in mortgage rates indicate that lenders agree. So why the decision to hold off?
