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MSE news: Base rate held at 0.5%

Former_MSE_Guy
Former_MSE_Guy Posts: 1,650 Forumite
I've been Money Tipped! Newshound! Chutzpah Haggler
edited 6 August 2009 at 11:02AM in Debate House Prices & the Economy
This is the discussion thread for the following MSE news story:
Read the full story:
Base rate held at 0.5%
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Comments

  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    It's not so much a news article as a puff piece for the website: "Base rates held, use our revenue producing services".
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Good stuff!
  • bungle4x4
    bungle4x4 Posts: 254 Forumite
    crap, let it rise! 10 percent please
  • JasonLVC
    JasonLVC Posts: 16,762 Forumite
    Part of the Furniture Combo Breaker
    There was also an announcement of an additional £50m of QE (beyond the £125m already actioned) which will be interesting.
    Anger ruins joy, it steals the goodness of my mind. Forces me to say terrible things. Overcoming anger brings peace of mind, a mind without regret. If I overcome anger, I will be delightful and loved by everyone.
  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    JasonLVC wrote: »
    There was also an announcement of an additional £50m of QE (beyond the £125m already actioned) which will be interesting.

    More money for us all!!

    Yippee!!!


    :rolleyes:
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    bungle4x4 wrote: »
    crap, let it rise! 10 percent please

    10% ! ! ! Do you want to cripple the country?
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    JonnyBravo wrote: »
    More money for us all!!

    Yippee!!!


    :rolleyes:
    Not for us all ... I was living on my interest 2 years ago. Now I'm uber-poor and not.
  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    Not for us all ... I was living on my interest 2 years ago. Now I'm uber-poor and not.

    Yes.... the ":rolleyes:" was a sign I didn't really think it would find its way into my pocket either
  • Are there any indications as to how long the Interest Rate will stay low for?

    At least it could'nt go above any more than 2% within 2-3 years!!
  • Snooze
    Snooze Posts: 2,041 Forumite
    1,000 Posts Combo Breaker
    Are there any indications as to how long the Interest Rate will stay low for?

    Yes, another 10 months.

    R
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