Nigel Holland “As inflation recedes and interest rates remain high, the Bank of England grapples with diverging views among policymakers, potentially risking over-tightening. Governor Bailey and Chief Economist Pill’s differing opinions on rate cuts fuel...
Nigel Holland recommends reduction in interest rates ” The increase in interest rates must stop to prevent the economy being harmed. The Bank of England were right to raise rates in the past because of inflation. As these problems start to disappear it is time...
Nigel Holland warns about interest rates ” Many borrowers have factored into their finances an allowance for the increase in mortgage payments. The problem is that they do not know exactly how high these rates will rise and how long the increase will last...
Nigel Holland “There is a danger that monetary policy committee (MPC) is poised to raise official borrowing costs for a 10th meeting in a row. This will inevitably lead to further falls in house prices. According to the Halifax mortgage approvals are 30% down....
