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BBCNEWS The Context June 4, 2024 19:09:00

Five year fixed term, they are setting that rate based on their expectation of where interest rates are going to go over the next five years, and to the extent that this surprise fall inflation means interest rate are going to be a little bit lower over the next couple of years, then you would hope to see that being reflected in the mortgage rates being offered as well, but as i said, this is one month of data and normally banks do not change their mortgage deals as quickly as that, so i think it will be a bit of time before you see them adjusting. jun; be a bit of time before you see them ad ustina, , ., , be a bit of time before you see them ad ustina, i. , , ., ,, ., adjusting. jury out but perhaps a little ho -e adjusting. jury out but perhaps a little hope for adjusting. jury out but perhaps a little hope for those adjusting. jury out but perhaps a little hope for those who - adjusting. jury out but perhaps a little hope for those who are - adjusting. jury out but perhaps a l ....

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BBCNEWS The Context June 4, 2024 19:04:00

Let s hear from professor oliver de groot, head of economics at the university of liverpool management school. thank you very much for being with us, professor. let s provide some context for people singing at home because that is what we do. yes, inflation is falling, but prices are still going up, just not as quickly, correct? still going up, “ust not as quickly, correct? . still going up, ust not as quickly, correct? . , . correct? that is correct. good evening. correct? that is correct. good evening, christian. correct? that is correct. good evening, christian. so - correct? that is correct. good evening, christian. so the - correct? that is correct. good - evening, christian. so the headline inflation number that has been reported, this is only the change in prices over the last year, and so while that headline number has come down forjune relative to june while that headline number has come down forjune relative tojune last year, it still means that the prices on the whole ....

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