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MSE News: Base rate held again as committee await emergency Budget
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inspector_monkfish wrote: »
personally i don't EVER see them get back as high as 5pct
Not in the next decade or so, anyway.
Very possibly not in our lifetimes.“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”0 -
JimmyTheWig wrote: »Like I say, if I had to bet on 10% or 4% in 3 years time I'd go for 10% - so I wouldn't be _that_ surprised if they touched double figures.
Hopefully _you're_ right!
I just believe the BOE, Government and anyone else involved will from now on want to do all they can to keep rates from spiralling wildly out of control.
Above all else, I think its something they would find embarassing, and would want to avoid at all costs.
The key word from here on and for the forseeable future is STABILITY.
Just my opinion form deep inside the heart of the Money Markets :cool:
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 just believe the BOE, Government and anyone else involved will from now on want to do all they can to keep rates from spiralling wildly out of control.
Above all else, I think its something they would find embarassing, and would want to avoid at all costs.
The key word from here on and for the forseeable future is STABILITY.
Just my opinion form deep inside the heart of the Money Markets :cool:
Glad you provided the explanation - saved me asking.
However, hasn't the word been (for a while) STABILITY? I seem to recall someone saying no more boom & bust? But it still happened. & we've had mini bubbles in that time too.
So how do we get that stability? & how will low IR maintain that?
You don't EVER see rates of 5%? Surely if circumstances dictate, they will be above that?It's getting harder & harder to keep the government in the manner to which they have become accustomed.0 -
lemonjelly wrote: »Glad you provided the explanation - saved me asking.
However, hasn't the word been (for a while) STABILITY? I seem to recall someone saying no more boom & bust? But it still happened. & we've had mini bubbles in that time too.
So how do we get that stability? & how will low IR maintain that?
You don't EVER see rates of 5%? Surely if circumstances dictate, they will be above that?
never say never, but just think they will want to avoid that happening at all costs :cool:
sure STABILITY has been key for a while now, but we still haven't got it!
they are still striving for it !!Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
(MSE Andrea says ok!)0
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