Peaks in petrol prices and mortgage rates may be in the past
The recent falls in oil prices and swap rates suggest that the peaks in petrol prices and mortgage rates may be behind us. While that doesn't mean inflation won't rise and the economy won't weaken, the upside risks to our view that the Bank of England will keep rates at 3.75% in our baseline scenario for energy prices are shrinking.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.
