RE: Unexpected fall in UK inflation in August20 Sep 2023 09:33
Brixton
My cash position i planned,
Yes high rates is good for savers agreed but look around how many firms are going bust ,how many jobs loss
Not good for the UK economy.
Hold for now to see what the time lag of higher interest rates will feed through & bring down the line.
Petrol prices will also add to Inflation problems
Higher rates is not going to be good for Housing market which is a big part Lloyds money making machine