The UK has the highest inflation of any major economy, and markets expect the Bank of England to keep hiking interest rates in response. But how high could rates go? Will mortgages become unaffordable? We discuss the chances of a recession and whether house prices could crash. And in today’s Dumb Question of the Week: Why do central banks raise interest rates incrementally rather than in one big jump? Get in touch 📧 mhr@pensioncraft.com 🎧 many-happy-returns.captivate.fm Join PensionCraft 🌐 Go to pensioncraft.com for all Ramin’s work 💡 Join PensionCraft's membership here pensioncraft.com/membership ▶️ Subscribe on YouTube
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