Macro - Weekly Briefings - United Kingdom

Macro - Weekly Briefings - United Kingdom

The Bank of England's Financial Stability Report echoed our warnings that the impact of tighter monetary policy is still to fully pass through to households. The increase in debt servicing costs should be manageable for most, but there's a long tail of homeowners who face a large increase in mortgage payments over the next two years, once their current fixed rate deal expires.

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