Interest rates increased for first time since 2007

[pisacake]

But only up to the same level they were pre-Brexit.

July 2007: 5.75%
Dec 2007 5.5%
Feb 2008 5.25%
Apr 2008 5.00%
Oct 2008 4.5%
Nov 2008 3%
Dec 2008 2%
Jan 2009 1.5%
Feb 2009 1%
Mar 2009 0.5%
Aug 2016 0.25%
Nov 2017 0.5%

The US increased rates from 0-0.25 to 0.25-0.5% in December 2015, again to 0.5-0.75% in December 2016, and then again in March 2017 to 0.75% -1% and in June to 1-1.25%.

No increase since 2008 from ECB.

Pound has still fallen as the bank are saying despite the tiny rise and future rises in store, rates aren't going to rise very much.

[scaryteacher]

Meh. Rates are so low atm...I can remember feeling smug on Black Wednesday when they soared right up; we had a fix at 10.8%, and that was a really good deal!

[ThroughThickAndThin01]

I can't see it above 3 or 4% for donkeys years yet.

[NotSuchASmugMarriedNow1]

Me neither. Low interest rates are the only things keeping the tories in power in my opinion. If they go up, the tories are well and truly stuffed.