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Debate House Prices
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Interest Rates Up-down-hold
Comments
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I am expecting the 1,2 and 5 year gilt and Swap rates to fall dramatically at around 1 pm on the 22nd of June.
I dont expect rates to be above 1% in the next 24 months; you cant set interest rates by looking in the rearview mirror. Anyone noticed petrol prices recently?0 -
The next 'up' move will be 0.25%.
Down is more likely IMHO. Anything else would be pure incompetence.
GGThere are 10 types of people in this world. Those who understand binary and those that don't.0 -
More chance of the 'Sweaties' winning the World Cup than of rates going up.
Which group are they in again?0 -
1 month past the budget 0.5% rise.Not Again0
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I think there's a slight possibilty of a 0.25% rise some MPC members are freting about inflation and there was discussion about whether there is enough spare capacity to reign in inflation.Whatever happens it will be intersting to read the minutes when they come out.
Fingers crossed for a riseDebt Is Slavery.0 -
It's a definite hold.
Betfair has got IR at 0.50% for backing at 1.02 on a downtrend from 1.04.
nuff saidMore bearish than bullish at the moment0 -
rates may show some movement in the next 2 quarters - they won't be above 2.5%-3% for at least 2-3 years0
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Hold but close, the shadow MPC voted 5-4 for a hold, it is just a guide to the way economists are thinking.
In its latest e-mail poll, the Shadow Monetary Policy Committee (SMPC) voted by five votes to four to leave Bank Rate unchanged at ½% when the Bank of England’s rate setters announce their decision on Thursday 10th June. This narrow margin is the closest that the SMPC has come to advocating a rate rise for a long time. All four of the dissenters voted that Bank Rate should be raised by ½% to 1%.
http://www.economicsuk.com/blog/'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
These articles suggests the MPC are aware of inflationary pressures and plan to keep a close eye and take actionif necessary.
http://uk.reuters.com/article/idUKTRE65301U20100604
http://www.ft.com/cms/s/0/fd305cc4-3126-11df-8e6f-00144feabdc0.html
Chance of rates falling is certainly zero.
They will be going up - the only question is how soon.
I expect them to have started going up by the end of the year; this month is unlikely until the budget's sorted.0 -
The MPC can only keep interest rates artificially low for so long. At some point in the near future interest rates are going to soar. :eek:0
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