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No base rate rises for at least a year.. maybe 2 or 3 years

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Comments

  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Cat695 wrote: »
    thats peoples savings up sh*t creek then.....shame its just to keep house prices up

    Well it's an outlook of inflation and the economy TBH (and a fairly Sh** one at that).
    But you can believe it is just for house prices if you like.
  • abaxas
    abaxas Posts: 4,141 Forumite
    Since when has the BOE ever been right?

    I'm sure a hamster + oiuja board would probably be more accurate with the 'fan chart of all availbale outcomes'.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Cat695 wrote: »
    thats peoples savings up sh*t creek then.....shame its just to keep house prices up
    i guess they should have looked at different investment options and not just cash in the building soiety account....

    you can't be blaming others for lack of knowledge or even not understanding how the 'complicated' stuff works
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    abaxas wrote: »
    Since when has the BOE ever been right?

    I'm sure a hamster + oiuja board would probably be more accurate with the 'fan chart of all availbale outcomes'.
    to be fair there probably more accurate than some guy on an internet forum who posts about hamsters
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Personally, I reckon interest rate rises will bite us on the !!!! the same way as they did when they fell!

    With all the uncertainty at the moment in the UK, let alone europe, anything could happen.

    I've learnt predictions are pretty much useless (from me anyway :p)
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    abaxas wrote: »
    Since when has the BOE ever been right?

    I'm sure a hamster + oiuja board would probably be more accurate with the 'fan chart of all availbale outcomes'.

    mmm something tels me you have tried this.;)
  • purch
    purch Posts: 9,865 Forumite
    No base rate rises for at least a year.. maybe 2 or 3 years

    Have we not covered this topic ad nauseum ?

    It should be common knowledge by now :eek:
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    purch wrote: »
    Have we not covered this topic ad nauseum ?

    It should be common knowledge by now :eek:
    with the size of the current public debt it obviously helps their cause...
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    purch wrote: »
    Have we not covered this topic ad nauseum ?

    It should be common knowledge by now :eek:

    And yet we've still seen idiots recently proclaiming the crash will start again soon as rates will be going up when the Tories win.

    Well, they won.

    King has destroyed the rising rates myth.

    But I'm sure they'll invent something else shortly.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”
    -- President John F. Kennedy”
  • purch
    purch Posts: 9,865 Forumite
    Someone is shouting at a cheap video camera right now I expect.

    It'll be available to view anytime soon.
    'In nature, there are neither rewards nor punishments - there are Consequences.'
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