Negative interest a reality as inflation bites

Negative interest a reality as inflation bites | moneyfacts.co.uk

Inflation remained unchanged at 2.3% in March. yet it’ll come as little consolation to savers – our data shows that just two savings accounts can pay a rate that will match or beat it. and as a result. negative interest is a reality for many.

Official figures show that the measure of CPI remained unchanged at 2.3% in March. offering some welcome respite from the onslaught of rising inflation weve seen in recent months. However. itll come as little consolation to savers – our data shows that just two savings accounts can pay a rate that will match or beat it.

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