Tuesday March 31, 2020

To fix or not to fix

The decision to fix - or not - is bound up with the outlook for interest rates.

8th October, 2005

The decision to fix - or not - is bound up with the outlook for interest rates.

The experience of the last few years would suggest, however, that forecasting the rates outlook is fraught with difficulty.

This time last year, most forecasters were confidently predicting that the European Central Bank (ECB) would start to push up rates this year. In the event, most now believe that the first rise will not come until the middle...

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