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.
"There's going to be a second wave of inflation coming our way very, very soon."
"With MMT, it's just not going to work. It's just not working, and it's not going to work moving forwards either."
"Don't be surprised when that interest rate in the next couple of months, or the inflation rate, I should say, increases."
"We have a general election due for next year, 2024. And we're highly unlikely to shoot ourselves in the foot like the USA are going to."
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ABOUT THE HOST
Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s.
Property FAQs = https://amzn.to/3MWfcL4
Buy To Let: How To Get Started = https://amzn.to/3genjle
101 Top Property Tips = https://amzn.to/2NxuAQL
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