Will interest rates keep falling and can we dodge recession?

This is Money Podcast

This is Money

Business News, Business, Investing, News

4.1 • 650 Ratings

🗓️ 7 February 2025

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Bank of England has delivered another rate cut but big questions remain over what happens next?

Forecasters had largely agreed that this year would see another two base rate cuts, but the Bank delivered a pair of verdicts that could push ratesetters down a different path.

Firstly, it slashed its growth forecast for 2025 from 1.5 per cent to just 0.75 per cent. Secondly, it said inflation would rise well above target to 3.7 per cent.

So what does this mean for the UK economy, interest rates, mortgage rates and savings rates? On this podcast episode, Georgie Frost, Simon Lambert and Helen Crane discuss the impact of the rate cut and the Bank of England's forecasts.

Another major issue for investors and the UK is Donald Trump's trade war, Simon explains how this will affect markets and where the winners and losers are likely to be.

On the investing theme, the team also look at the lessons we can learn from the Covid crash and rebound, five years on from when the pandemic first started to hit.

Plus, the mortgage trick that could clear your loan early... but would your lender let you do it?

And finally, has Nectar finally come up with something to stop points being stolen?

Transcript

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0:00.0	Welcome to This Is Money podcast sponsored by Charles Stanley Direct.
0:06.5	I'm Georgie Frost and joining me and Simon Lambert today is Helen Crane.
0:10.9	And coming up, interest rates cut to 4.5%.
0:14.4	Where will they head next?
0:16.2	And what does it mean for your mortgage and savings?
0:19.3	Are we seeing central bank divergence between the UK, US and Europe on the direction of
0:24.2	travel for rates?
0:25.7	What could Trump's trade war mean for your investments?
0:28.7	And does it open up opportunities elsewhere?
0:31.4	Plus investing lessons from the pandemic crash and rebound?
0:35.0	The unusual mortgage payment trick that could clear debt five years earlier,
0:39.2	and finally, nectar is doing something about their stolen points problem.
0:44.3	Don't forget to stay up to date with all the latest breaking money news, just go to thisismoney.com.
0:48.7	UK or download the app.
0:51.1	Take control of your finances with Charles Stanley Direct, invest, save, coach or plan using technology
0:59.9	where it's helpful and people where it matters.
1:03.4	Our website and app make trading cost effective and flexible, but we're more than just an online
1:08.6	investment service.
1:10.2	We're here for you regardless regardless of your financial needs,
1:12.6	or if your life takes an unexpected term.
1:15.6	Your finances, your way.
1:17.6	Take control today with Charles Stanley Direct.
	...

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