[Politics] Interest Rate Review Thursday

WATFORD zero

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Jul 10, 2003

25,807

• Oct 28, 2017

• #1

With BOE reviewing interest rates Thursday, what do you think will happen ?

 

P

portslade seagull

Well-known member

Jul 19, 2003

17,606

portslade

• Oct 28, 2017

• #2

Up a quarter percent

 

Is it PotG?

Thrifty non-licker

Feb 20, 2017

23,306

Sussex by the Sea

• Oct 28, 2017

• #3

Miniscule rise imho. 0.25%?

 

ManOfSussex

We wunt be druv

Apr 11, 2016

14,745

Rape of Hastings, Sussex

• Oct 28, 2017

• #4

 

Beach Hut

Brighton Bhuna Boy

Jul 5, 2003

71,963

Living In a Box

• Oct 28, 2017

• #5

Be very surprised if no rate rise given inflation going upwards.

A big shock to quite a few if they do as many think current interest rate is normal of which it is definitely not.

Some of us mortgage veterans remember Lamont sang in the bath the night he put up interest rates to 15% !

 

Is it PotG?

Thrifty non-licker

Feb 20, 2017

23,306

Sussex by the Sea

• Oct 28, 2017

• #6

 

WATFORD zero

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Jul 10, 2003

25,807

• Oct 28, 2017

• Thread starter
• #7

Beach Hut said:

Be very surprised if no rate rise given inflation going upwards.

A big shock to quite a few if they do as many think current interest rate is normal of which it is definitely not.

Some of us mortgage veterans remember Lamont sang in the bath the night he put up interest rates to 15% !

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Still have nightmares - not the 15%, Lamont in the bath !

 

studio150

Well-known member

Jul 30, 2011

29,611

On the Border

• Oct 28, 2017

• #8

Up slightly and immediately high street borrowing rates up but a lag on saving rates

 

Beach Hut

Brighton Bhuna Boy

Jul 5, 2003

71,963

Living In a Box

• Oct 28, 2017

• #9

studio150 said:

Up slightly and immediately high street borrowing rates up but a lag on saving rates

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For sure they will take ages to adjust savings rate

 

Napier

Well-known member

Jan 27, 2009

2,123

Devon

• Oct 28, 2017

• #10

Beach Hut said:

Be very surprised if no rate rise given inflation going upwards.

A big shock to quite a few if they do as many think current interest rate is normal of which it is definitely not.

Some of us mortgage veterans remember Lamont sang in the bath the night he put up interest rates to 15% !

Click to expand...

I remember those days too. Late 1980s/early 90s.

 

Napier

Well-known member

Jan 27, 2009

2,123

Devon

• Oct 28, 2017

• #11

studio150 said:

Up slightly and immediately high street borrowing rates up but a lag on saving rates

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Call me cynical, but will the savings rates actually be put up at all? And if they are, will it be by the full amount?

 

LamieRobertson

Not awoke

Feb 3, 2008

46,675

SHOREHAM BY SEA

• Oct 28, 2017

• #12

Beach Hut said:

Be very surprised if no rate rise given inflation going upwards.

A big shock to quite a few if they do as many think current interest rate is normal of which it is definitely not.

Some of us mortgage veterans remember Lamont sang in the bath the night he put up interest rates to 15% !

Click to expand...

Ah 3% in one day if I remember correctly...all to do with the exchange rate mechanism and the link to the old Deutsche Mark

 

D

Deleted member 22389

Guest

• Oct 28, 2017

• #13

Beach Hut said:

Be very surprised if no rate rise given inflation going upwards.

A big shock to quite a few if they do as many think current interest rate is normal of which it is definitely not.

Some of us mortgage veterans remember Lamont sang in the bath the night he put up interest rates to 15% !

Click to expand...

Being a saver was great.

 

drew

Drew

Oct 3, 2006

23,050

Burgess Hill

• Oct 28, 2017

• #14

Napier said:

Call me cynical, but will the savings rates actually be put up at all? And if they are, will it be by the full amount?

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That is purely down to the banks. Suspect it will be a long time before there are any really good interest rates to tempt savers.

 

P

portslade seagull

Well-known member

Jul 19, 2003

17,606

portslade

• Oct 28, 2017

• #15

studio150 said:

Up slightly and immediately high street borrowing rates up but a lag on saving rates

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Some things never change. They need to squeeze us as much as possible before upping the savings rates

 

Titanic

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Helpful Moderator

Jul 5, 2003

39,069

West Sussex

• Oct 28, 2017

• #16

Is it PotG? said:

Miniscule rise imho. 0.25%?

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Miniscule?? When was the last time base rates were DOUBLED in one fell swoop?

 

jakarta

Well-known member

May 25, 2007

15,623

Sullington

• Oct 28, 2017

• #17

Titanic said:

Miniscule?? When was the last time base rates were DOUBLED in one fell swoop?

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https://www.youtube.com/watch?v=aNUr__-VZeQ

 

Captain Sensible

Well-known member

Jul 8, 2003

6,435

Not the real one

• Oct 28, 2017

• #18

I think they might keep it the same this time but with another heavy warning about rising. Then the next time rise a quarter. I can see then at least another rise in early next year.

 

Giraffe

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Aug 8, 2005

26,545

• Oct 28, 2017

• #19

One they start increasing they will never stop. There must be some house owners who have never experienced the panic of rising interest rates. Will be interesting to see the fall out if they start shifting upwards.

 

LamieRobertson

Not awoke

Feb 3, 2008

46,675

SHOREHAM BY SEA

• Oct 28, 2017

• #20

Giraffe;8180379[B said:

]Once they start increasing they will never stop[/B]. There must be some house owners who have never experienced the panic of rising interest rates. Will be interesting to see the fall out if they start shifting upwards.

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