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will there be another rate cute this month?
Comments
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caracal_77 wrote: »The only (or one of) thing that will hold them not to go for something drastic is the pound getting hammered.
At least if the £ gets hammered, exports become cheaper, so manufacturing will be given a boost. Imports become more expensive though.0 -
illgetthere wrote: »i cant see it staying the same. there has been no impact of the vat cut, and other measures havent really helped.
I wouldn't say that. I couldn't move in M&S today for all the old ladies taking back stuff and then rebuying it......all to get about 40p back
Being on a base rate tracker mortgage, I'd welcome any cut but I can't see lenders tripping over themselves to pass it on in a hurry."One day I realised that when you are lying in your grave, it's no good saying, "I was too shy, too frightened."
Because by then you've blown your chances. That's it."0 -
40p is still 40p after all...As Sceptic Peg predicts, House prices this week will be going up!.............................or down.0
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The LIBOR/OIS spread has widened by 40 basis points this week so the usual suspects (led by HSBC of course) will subtract at least that off any cut in the base rate that they pass on
My guess? Well I got October spot on a week before, 2 weeks before I went for 100 points in November but obviously went too little, at that point I was imagining no move in December and a further 50 points in Jan and March - however now I think it will probably be 100 points this month.I think....0 -
Ok, I'll go out on a limb.
Rates cut by 2% to 1%. No more changes until March 2009. Then, up or down depending on whether the cuts have the desired impact.
You heard it here first.
GGThere are 10 types of people in this world. Those who understand binary and those that don't.0 -
illgetthere wrote: »40p is still 40p after all...
lol you didn't see the queues though! I was in it for about 20 minutes (exchanging something faulty I hasten to add
) "One day I realised that when you are lying in your grave, it's no good saying, "I was too shy, too frightened."
Because by then you've blown your chances. That's it."0 -
robin_banks wrote: »1.75% a likely move.
i'll ear my hat is that happens0 -
illgetthere wrote: »sorry, have i started a regular poll. apologies if i have..
1.5% would be nice though..!
I hope not it wont be good for savers like me who have interest as their only form of income.0 -
0.5% is my bet based on the minutes from the last meeting - they discussed a 2% cut but decided it was to radical and went at 1.5 so I think they will go the extra 0.5 this month0
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BOE rates cut by 2%!0
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