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Mortgage Solutions - Inflation rise ‘blip’ that won’t reverse rate drops but beware swap rises – analysis

Mortgage Solutions - Inflation rise ‘blip’ that won’t reverse rate drops but beware swap rises – analysis

Counter to market expectations, the Consumer Prices Index (CPI) measure of inflation rose slightly in December. However, industry experts don’t see this as a portent of doom just yet. Although, if swap rates start to rise, that could change.
Inflation rose to four per cent in the year to December 2023, a surprise increase from 3.9 per cent in November, according to the Office for National Statistics. This is the first rise since February 2023, and comes above market forecasts of 3.8 per cent. Experts give their opinion:

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Link to Original Article: Mortgage Solutions - Inflation rise ‘blip’ that won’t reverse rate drops but beware swap rises – analysis