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How High Will Interest Rates Go?

Many Happy Returns

CHAPTER

The Importance of Historical Context in Interest Rates

Markets are currently pricing in four more rate hikes from the Bank of England. House prices went up to such a degree that a lot of people probably can't afford their mortgages if the bank rate goes to 6%. I think it's terrible in a way because this isn't just about money and investment. This is about people losing their home. That's terrible for the family itself.

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