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MSE News: Interest rates could stay low for years

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Comments

  • nobby24
    nobby24 Posts: 398 Forumite
    If interest rates are going to remain low doesn't this mean that equities and shares will become more attractive which could be a good thing all round for pensions etc.
    A problem shared is a problem multiplied. :o
  • gozomark
    gozomark Posts: 2,069 Forumite
    nobby24 wrote: »
    If interest rates are going to remain low doesn't this mean that equities and shares will become more attractive which could be a good thing all round for pensions etc.

    from the OP "The forecast implies a good outlook for the stock market".....
  • tradetime
    tradetime Posts: 3,200 Forumite
    Predicting interest rates, like predicting anything, tends to increase in error the further out you go, and as such I am not sure if it serves any real purpose. That said, here are some other views on it.
    The Centre for Economics and Business Research (CEBR) is forecasting that UK interest rates will stay at 0.5% into 2011 and not reach 2% until 2014.
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
  • gozomark
    gozomark Posts: 2,069 Forumite
    tradetime wrote: »
    Predicting interest rates, like predicting anything, tends to increase in error the further out you go, and as such I am not sure if it serves any real purpose. That said, here are some other views on it.
    The Centre for Economics and Business Research (CEBR) is forecasting that UK interest rates will stay at 0.5% into 2011 and not reach 2% until 2014.

    those are the same group as in the OP..... did you read the thread ? :rotfl:
  • tradetime
    tradetime Posts: 3,200 Forumite
    gozomark wrote: »
    those are the same group as in the OP..... did you read the thread ? :rotfl:
    The CEBR is indeed the same source as the OP, nice work Sherlock, the link doesn't take you to the CEBR.
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
  • gozomark
    gozomark Posts: 2,069 Forumite
    post 2: The Centre for Economics and Business Research, in its latest UK Prospects, to be published tomorrow, predicts that Bank rate will remain at 0.5% until 2011 and not reach 2% until 2014.

    post 24 (yours): The Centre for Economics and Business Research (CEBR) is forecasting that UK interest rates will stay at 0.5% into 2011 and not reach 2% until 2014.

    atleast they haven't changed their mind yet :-)
  • Primrose
    Primrose Posts: 10,706 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've been Money Tipped!
    Had been holding off investing money which hopefully won't be needed for a long time in bonds lasting more than two years because I thought interest rates might rise. Now it looks as if that might not happen, so possibly if some reasonable rates are available for longer term fixes, one might as well go for them, provided you can get out in an emergency, even if it means paying a penalty. However probably better to break the investments down into smaller chunks so that if money is needed in an emergency, you only have to pay one penalty for one account.
  • tradetime
    tradetime Posts: 3,200 Forumite
    Post # 2 comes from the Times online" and states more or less the CEBR's view, Post # 1 appears to come from the "Press Association"
    Post # 24 and now the subsequent posts by you contains a link that is neither of those two, but rather an assessment of the CEBR report and and the authors conclusion
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
  • tradetime
    tradetime Posts: 3,200 Forumite
    Maybe I'll try this

    LINK
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
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