Interest Rate rise expected this afternoon, but no more anticipated after today

Some homeowners are about to face even higher monthly mortgage repayments.

The European Central Bank is expected to hike interest rates by another quarter of one per cent today.

It’ll be the ninth rate rise in just over a year.

However its thought it could be the last in the current campaign to dampen inflation.

Economist Austin Hughes says another rate rise in September is now looking unlikely…………

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