Where will base rates be in six months?
Last week the Bank of England cut interest rates by 1.5 percentage points to 3%. The idea is to stimulate the economy, making borrowing cheaper and saving less desirable, to encourage people to spend.
Last week the Bank of England cut interest rates by 1.5 percentage points to 3%. The idea is to stimulate the economy, making borrowing cheaper and saving less desirable, to encourage people to spend.
Where do you THINK the base rate will be in May '09 (to the nearest half point)?
Results
| A. 0% |  | 117 votes (1 %) |
| B. 0.5% | | 138 votes (2 %) |
| C. 1.0% | | 593 votes (7 %) |
| D. 1.5% | | 838 votes (10 %) |
| E. 2.0% | | 2,153 votes (27 %) |
| F. 2.5% | | 1,416 votes (17 %) |
| G. 3.0% | | 980 votes (12 %) |
| H. 3.5% | | 600 votes (7 %) |
| I. 4.0% | | 566 votes (7 %) |
| J. 4.5% | | 278 votes (3 %) |
| K. 5.0% | | 178 votes (2 %) |
| L. 5.5% | | 53 votes (1 %) |
| M. 6.0% | | 44 votes (1 %) |
| N. Over 6% | | 144 votes (2 %) |
8,098 votes received.
We try to use technology to limit voting to one per person. Occasionally, this may erroneously block a few people's votes (eg, from shared offices). Apologies for that.
Latest weekly email
Tips, tricks & must-knows
Via top bank accounts
See Martin's update
With boosted cashback
A beginner's guide
Including Estée Lauder
ISA & normal savings
Tools and calculators
Clever ways to calculate your finances
Find your odds of getting top cards
Find your odds for getting a cheap loan
Compare broadband, phone & TV deals
Compares thousands of mortgages
Eight calcs to help you work out the cost
We ensure you’re on the cheapest tariff