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Former Bank Governor 'concerned' about rising mortgage rates
Posted
September 5, 2023
Views
13,411
Likes
93
Comments
38
Engagement
0.98%
September 5, 2023
13,411
93
38
0.98%
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12:13Now PlayingAndy Haldane, former chief economist at the Bank of England, says he is "concerned" about mortgage rates which are "yet to hit people".
Mr Haldane expressed concern over the state of the UK economy, saying that the chance of a recession in next year was an "evens bet", and that the "tiniest tilt" in the economy could cause growth to fall.
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