RE: RE: Half year results1 Aug 2018 12:21
Morning Jayfax.
Carney is an employee of the BOE, not the treasury, and I think most people understand that. I reckon his casting vote of the nine will probably be the deciding one - who knows.
Any rate increase in the cost of money will impact everything, from existing to future borrowings, some good, some bad. Savers would benefit if passed on ect. Recent FED hikes are already impacting the US housing market and should be used as a window to what happens in the UK, or anywhere else.