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Interest rate rise ? How much ? When?











Titanic

Super Moderator
Helpful Moderator
Jul 5, 2003
39,070
West Sussex
FTSE100 has already made up half of the initial overnight loss... and is back above it's level of June 15th... it's merely a blip.
 


Titanic

Super Moderator
Helpful Moderator
Jul 5, 2003
39,070
West Sussex
and £ at the same level it was against the $ at the end of February this year. Again, hardly 'turmoil'.
 




beorhthelm

A. Virgo, Football Genius
Jul 21, 2003
35,303
there was commentry yesturday that put forward that the £ is (was) overvalued so this could be a Good Thing (tm) especially for export.

but if they were worried, a 0.25% or 0.5% would move £ a lot given the poor rates available elsewhere.
 








Moshe Gariani

Well-known member
Mar 10, 2005
12,071
Interest rates may well stay low but that would not be an indication of anything positive.

There is going to be a generation of workers that have never had a pay rise...

Remember when ordinary people could expect a few % each year and their mortgages became incrementally more affordable...? Forget that.
 








WonderingSoton

New member
Dec 3, 2014
287
"David Tinsley at UBS said there would be "a significant rise in economic uncertainty" and that the Bank of England's Monetary Policy Committee (MPC) was expected to take action, including interest rate cuts and an extension of its quantitative easing programme.

"We expect the MPC will cut policy rates to zero and make further asset purchases, in the first instance of £50-75bn, not later than February 2017," he said."

http://www.bbc.co.uk/news/business-36611512

Interest rate CUT.
=Nobody has a clue.
 


bhanutz

Well-known member
Aug 23, 2005
5,998
"David Tinsley at UBS said there would be "a significant rise in economic uncertainty" and that the Bank of England's Monetary Policy Committee (MPC) was expected to take action, including interest rate cuts and an extension of its quantitative easing programme.

"We expect the MPC will cut policy rates to zero and make further asset purchases, in the first instance of £50-75bn, not later than February 2017," he said."

http://www.bbc.co.uk/news/business-36611512

Interest rate CUT.
=Nobody has a clue.

Yeah but inflation will rise.......
 






tinycowboy

Well-known member
Aug 9, 2008
4,002
Canterbury
Inflation will be up, interest rates to zero by the end of the summer, UK GDP growth prediction down from 1.5%-2.0% to 0.5%. EU growth also down by 0.5%. EU will be very keen to move the regional financial centre from London to somewhere within the EU, probably Frankfurt?
 












alfredmizen

Banned
Mar 11, 2015
6,342
Inflation will be up, interest rates to zero by the end of the summer, UK GDP growth prediction down from 1.5%-2.0% to 0.5%. EU growth also down by 0.5%. EU will be very keen to move the regional financial centre from London to somewhere within the EU, probably Frankfurt?
Just like when we didnt join the Euro ?
 


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