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Podcast: The Property Nomads Podcast
Episode: Bank of England keep rates the same - but it's still not good news
Description: The Bank of England surprised quite a few people recently by keeping the base rate at 5.25%. With a multitude of reasons floating around as to why they have decided to do that, Rob is here to give you his own personal spin on why that's happened. KEY TAKEAWAYS The Bank of England has decided to keep the base interest rate at 5.25%, which is the first time it has remained stagnant since November 2021. Despite some people getting excited about the rate remaining the same, there are indications that a second wave of inflation is on the horizon...