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Debate House Prices


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Interest rates heading up ?

kennyboy66_2
kennyboy66_2 Posts: 2,598 Forumite
http://www.ft.com/cms/s/0/14548b16-68a7-11df-96f1-00144feab49a.html

"The Bank of England should raise interest rates to 3.5 per cent by the end of next year in order to head off higher inflation, the Organisation for Economic Co-operation and Development warned on Wednesday."

"Rises in UK interest rates should begin “no later” than the fourth quarter of this year"

Anyone for the wooden T word ?

Obviously Spammish McTavish is running the OECD numbers through his extensive macro-economic model as we speak.

Current betting is 4/11 on him coming up with 0.5% base rates for the next 5 years.
US housing: it's not a bubble

Moneyweek, December 2005

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