'Where will base rates be in six months?' poll discussion

tuggy12

PACGU wrote: »

It's dear Lisa! dear mau408, dear mau408, dear mau408.
It's dear Lisa! dear mau408, dear mau408. Dear Lisa! :rotfl:

If you're going to be that pedantic then at least get it right :whistle:

There's a hole in the bucket,
Dear Liza, dear Liza
There's a hole in the bucket,
Dear Liza, there's a hole.

itey1

I think it will be 4%

Pyney

2% in two steps of 0.5%. With unemployment growing and the economy still forecast to shrink over the next 6-12 months, spending will still need to be stimulated. After this I think it'll be the steady road to recovery (as long as inflation can be kept in check!)

Rose2White_2

I voted 2% but then I'm also hoping as my mortgage deal comes to an end in March 09, so hopefully a rate better than the 4.75% I'm on now would be good

We just need the lenders to lower their rates which would free up more money for people to save..... opps I mean spend!!!

John_Pierpoint

'Standard maths rules'

Don't statisticians round the 5 up or down depending on the number before it being even or odd?

mau408

John_Pierpoint wrote: »

'Standard maths rules'

Don't statisticians round the 5 up or down depending on the number before it being even or odd?

:rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:

John_Pierpoint

Sorry, my mistake. Seems it is generally known as "bankers'" rounding.

http://vbnotebookfor.net/2007/07/31/what-you-should-know-about-rounding-in-vbnet/

A lot of fraudsters have made good money out of the "pence rounding account".

leaphaze

John_Pierpoint wrote: »

Seems it is generally known as "bankers'" rounding.

http://vbnotebookfor.net/2007/07/31/what-you-should-know-about-rounding-in-vbnet/

Never seen this method of rounding before, how amusing. And how typical of Microsoft to implement something trying to be helpful, but actually ending up causing choas amongst the unwary.

As a programmer I think it's always better to implement your own rounding routines to avoid unpleasant surprises.

By the way, I think interest rates will drop further before the end of year, then again early next year when they realise the previous two rate drops have had little affect. Both times by 1%. So let's see 3% - 1% -1% = 1%. Choose those number so no rounding required; as I said I'm a programmer!

mau408

leaphaze wrote: »

So let's see 3% - 1% -1% = 1%. Choose those number so no rounding required; as I said I'm a programmer!

Hmmmmmm programmer. We could take all day to sort this out but I would have thought as a programmer you'd have put something along the lines of

00011 + 10001 + 10001 = 00001

(where first digit represents +/-)

Just having a jest!

TRT

My In-Credit interest rate at A&L has just switched to BoE - 1%.

So, if the BoE drop it to, say, 0.5%, I'll end up owing the bank money for being in credit!