
312 | Base rate hike & savings, free Disney+ hack and ISA transfers
Cash Chats UK Money & Personal Finance podcast
00:00
The Future of Inflation
Last week, the Office of Budget Responsibility said they thought inflation would fall to 2.9%. So I think it looks like we're on course for that to happen and then go below that next year. That might suggest that we don't need any more base rate increases if inflation is going to be closer to target 2%, right? Maybe. There's still the market anticipating that the base rate could still increase to around 4.5 or maybe above 4.5% in August of this year. But again, that's where we are right now. Potentially, they might stay at this 4.25% for a bit. Go up again in August and then maybe stay at that point
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