Economist predicts when interest price will hit 3% We have been only expecting yet one more Reduce this yr, but prices could start off falling faster following 12 months, says Paul Dales, chief British isles economist at Money Economics.
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Sarah Coles, head of non-public finance at Hargreaves Lansdown, claims: "When they opted for these bargains, they will have hoped charge cuts would arrive thick and fast, but cuts are actually decidedly skinny and sluggish.