Report Momentum's viral video attacking HPI in House prices and the economy Posted July 30, 2017 17 minutes ago, adarmo said: Why should we have had a rate rise? The BoE operates one future expected inflation. The actual inflation rate might be higher than target today, but if the BoE expects it to fall bask to within range within two years they won't tighten. Yes why should they have raised interest rates from never seen before EMERGENCY LEVELS when inflation was forecast and was well above target... then his forward guidance met. Spoken like a true mortgage slave. They just wont tighten no matter what (until they have no choice) so no need to try and be clever about things..