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Norway Europe's first to up rates

2

Comments

  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    mewbie wrote: »
    Sorry ISTL - didn't notice it.

    It's no problem, the mods will merge.
    Hopefully with the more accurate title ;)
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    Cleaver wrote: »
    A-ha.

    ......
    Personally, I think its a new Take On ME (Monetary Easing)
  • wageslave
    wageslave Posts: 2,638 Forumite
    kabayiri wrote: »
    Personally, I think its a new Take On ME (Monetary Easing)

    Well you are one up on me (the person).

    The auld dear has been to see the bloke that invests her fourpence a year this week. She came back all !!!!-a-frakking-hoop.

    Things are getting better.

    Ok by how much?

    He didn't actually say.

    Lets phone him up and check Ma before you go booking a cruise.

    We are still waiting for him to get back with real figures
    Retail is the only therapy that works
  • bo_drinker
    bo_drinker Posts: 3,924 Forumite
    wageslave wrote: »

    We are still waiting for him to get back with real figures

    Don't hold your breath(s) :rotfl:
    I came in to this world with nothing and I've still got most of it left. :rolleyes:
  • purch
    purch Posts: 9,865 Forumite
    edited 29 October 2009 at 9:10AM
    If rates go up elsewhere dont they have to go up here? The carry trade or something...

    It's a well known Factoid that Interest rates must be set at exactly the same level in every country in the World (give or take 1/32) or the whole economic system will collapse :eek:

    It's Forumonics 'innit' ??
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    purch wrote: »
    It's a well known Factoid that Interest rates must be set at exactly the same level in every country in the World (give or take 1/32) or the whole economic system will collapse :eek:

    It's Forumoronics 'innit' ??

    Just filled in those missing letters for you.
  • carolt
    carolt Posts: 8,531 Forumite
    So how long before rates rise here, then?

    And what impact will it have on the economy?
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ruggedtoast wrote: »
    If rates go up elsewhere dont they have to go up here? The carry trade or something...

    If only. Interest rates are determined by a range of influences many outside of the control of the BOE.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    carolt wrote: »
    So how long before rates rise here, then?

    And what impact will it have on the economy?

    Unless QE is extended. During 2010 is almost a certainty. And there after regular small rises.

    Interest rates will only hurt those that are over extended on debt. Many people aren't.
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    carolt wrote: »
    So how long before rates rise here, then?

    And what impact will it have on the economy?

    How similar is our economy to the Norwegians?
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
This discussion has been closed.
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