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Favour over the past month. Weve seen sterling rise that will help temper the Price Pressures from imports. Weve also seen other pressures in the markets where theyve been raising some questions about the Bank Of Englands credibility, as in Mortgage Rates going up without decisions being made that has all calmed down, too. And the public s expectations of where inflation is going, which were really very high, have now begun to temper. So thats also going in the banks favour. But a crucial issue is that they have raised rates by 5 the impact of that has really taken some time to filter through into the economy, there is sort of turning the type of rate rises on. Turning the tap. We are beginning to see the impact of that now weve seen in the Housing Market, weve se ....
Be raising bit democrat interest rates for a few times yet, the markets are thinking they ll go almost a 6%, maybe 575. 5.75%. when will they ll go almost a 6%, maybe 575. 5.75%. when will they come down? i think they ll need to hold rates high to get rid of this inflation problem, but i wouldn t be surprised if towards the end of next year, we start to see interest rate cuts. i don t think we will get back to the same levels we started from their note, interest rates are permanently higher. interest rates are permanently hiaher. , , ., higher. interesting, george, thank yom higher. interesting, george, thank you. we ll higher. interesting, george, thank you. we ll be - higher. interesting, george, thank you. we ll be across i higher. interesting, george, i thank you. we ll be across that news here on bbc news and we will update you as soon as the bank of england makes its announcements. to the us now and a story we first brought you this time yesterday, the move by credit ra ....