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Why have interest rates risen and what is happening in the economy?

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Why have interest rates risen and what is happening in the economy?
Photo / Coverage: The Independent - BusinessCredit: Anna Wise
EXECUTIVE SUMMARY

The base rate helps dictate how expensive it is to take out a mortgage or a loan.

Key Takeaways

  • Why have interest rates risen and what is happening in the economy?.
  • The base rate helps dictate how expensive it is to take out a mortgage or a loan.
  • The base rate helps dictate how expensive it is to take out a mortgage or a loan.

The base rate helps dictate how expensive it is to take out a mortgage or a loan.

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Published originally on The Independent - Business

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