UK trader reveals why 2% ECB rates could triple your rental costs
Key Points
- ECB holds rates at 2% amid UK inflation surge, pushing more ...
The European Central Bank just held rates at 2% while UK wholesale inflation hit a two-year high of 1.9%, creating a perfect storm that could empty your wallet faster than a day trader on margin. Meanwhile, the Bank of England is playing hard to get with rate cuts, keeping the odds at a measly 40% for the rest of the year.
When Your Landlord Becomes Your Worst Enemy
Here's where things get spicy. High interest rates are making homebuying about as appealing as buying penny stocks in a bear market. More people are getting pushed into the rental sector, which means landlords are rubbing the...
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