Well it didn’t take long for the media to start their sensationalist reporting about interest rate rises.
I was intrigued to hear a news report today that called the recent 0.25% increase a hike. The meaning of hike is “a sharp increase, especially in price”
It should be remembered that the last rate increase was in November 2010 and rates are still at historical lows.
So further to last week’s email, please don’t let the media stress you, just call me at any time to discuss and implement strategies to overcome or even eleviate the impact of any future interest rate increases.
We’re here for you.