The Guardian Australia – Business · business
UK interest rate predictions fall as US and Iran agree two-week ceasefire
2 hours ago
UK interest rate forecasts dropped as the US and Iran agreed to a two-week ceasefire on Wednesday. Markets now predict only one rate hike this year, down from two, as mortgage rates rise to their highest since July 2024. Analysts caution that while tensions ease, mortgage rates may not decline swiftly.
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Summary by Glance · Original reporting by The Guardian Australia – Business
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