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Bank of England expected to hold interest rates
Comments
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Gorgeous_George wrote: »Where's the poll?
GG
http://pdf.reuters.com/pdfnews/pdfnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:nRPOga6b9Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
(MSE Andrea says ok!)0 -
Where's the poll?
They've all gone home !!!'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
inspector_monkfish wrote: »
Wait & see. I'm in no doubt whatsoever & will be happy to say I was wrong if it turns out that way.0 -
Wait & see. I'm in no doubt whatsoever & will be happy to say I was wrong if it turns out that way.
not saying you are wrong dude !Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
(MSE Andrea says ok!)0 -
Actually I'd settle for being wrong, just don't think I'm going to be :doh:0
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seems a shame that they can't just creep up with interest rates @ 0.5% each month (or over a longer time scale if necessary) instead of holding it at 0.5% for months and then hiking it up several percentage points in a manner that resembles panic.
It'd send a quiet reminder to mortgage and other debtors to keep paying down the debt while it's still cheap (or to get them to do it if not already)"I can hear you whisperin', children, so I know you're down there. I can feel myself gettin' awful mad. I'm out of patience, children. I'm coming to find you now." - Harry Powell, Night of the Hunter, 1955.0 -
Harry_Powell wrote: »seems a shame that they can't just creep up with interest rates @ 0.5% each month (or over a longer time scale if necessary) instead of holding it at 0.5% for months and then hiking it up several percentage points in a manner that resembles panic.
It'd send a quiet reminder to mortgage and other debtors to keep paying down the debt while it's still cheap (or to get them to do it if not already)
i think 'panic' will be the last thing BOE will want to be seen doing
which is why i believe, if and when rates do start to go back up, it will be a slow gradual rise, rather than the lead balloon type chunky falls we have seen over the past year....Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
(MSE Andrea says ok!)0 -
inspector_monkfish wrote: »i think 'panic' will be the last thing BOE will want to be seen doing
which is why i believe, if and when rates do start to go back up, it will be a slow gradual rise, rather than the lead balloon type chunky falls we have seen over the past year....
Yes I agree with Mr Monkfish,
Thay will creep them Up slowley over the next few years maybe by 0.25% every few months or so.:jYou can have everything you wont in lfe, If you only help enough other people to get what they wont.:j0 -
I wish I had your confidence in the BoE and HM Government.
I wouldn't be surprised to see a jump from 0.5% to 2% in a single month."I can hear you whisperin', children, so I know you're down there. I can feel myself gettin' awful mad. I'm out of patience, children. I'm coming to find you now." - Harry Powell, Night of the Hunter, 1955.0 -
As far as I'm concerned they can stay where they are all the way to the end of my Lifetime Tracker
Me too. It's nice having lots of cash in the bank earning 3.5%+ whilst paying less than 1% for the money.0
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