How will interest rate rises affect you and how high can it go?

<p>How will interest rate rises affect you and how high can it go?&nbsp;</p> <p>Interest rates have risen sharply as the Bank of England continues to use its powers to tackle soaring prices. &nbsp;The Bank has increased its benchmark rate from 2.25% to 3%. &nbsp;That is the eighth consecutive increase since December, pushing the rate to its highest level for 14 years. &nbsp;It also marks the biggest single increase since 1989, and could have a big impact on the cost of living and people's finances. &nbsp;</p> <p>(Watch/listen) https://www.fifeproperties.co.uk/blog/how-will-interest-rate-rises-affect-the-people-of-fife-and-how-high-can-it-go/</p> <p>#InterestRates #FifeProperties #UKEconomy</p>