Mervyn King : "Inflation may not fall back as strong as expected"

Kennyboy66

Surely interest rates will only go up when it is a bit too late.

As it is too early to raise interest rates, then it can't be too late. QED.

Hello again, especially to Baggies, Wolves, Spurs and United supporters.

Hopefully Wolves can stay up, and Barca beat United (sorry StevieJ if you still post!).

Really2

Kennyboy66 wrote: »

Hello again, especially to Baggies, Wolves, Spurs and United supporters.

Hopefully Wolves can stay up, and Barca beat United (sorry StevieJ if you still post!).

& kenny gets the L'pool job for three years......oh hang on, he just has.:beer:

Generali

Kennyboy66 wrote: »

Surely interest rates will only go up when it is a bit too late.

As it is too early to raise interest rates, then it can't be too late. QED.

Hello again, especially to Baggies, Wolves, Spurs and United supporters.

Hopefully Wolves can stay up, and Barca beat United (sorry StevieJ if you still post!).

How come it says you only have 3 posts? Did you change a capital letter or something in your name?

Welcome back anyhow old chap. It's been a funny old season. I'm amazed at the number of "'Arry must go" Tottingham fans. The "Arsene must go" fans of Woolwich Wonderers I can only hope get their way...

Kennyboy66

Generali wrote: »

How come it says you only have 3 posts? Did you change a capital letter or something in your name?

Welcome back anyhow old chap. It's been a funny old season. I'm amazed at the number of "'Arry must go" Tottingham fans. The "Arsene must go" fans of Woolwich Wonderers I can only hope get their way...

couldn't remember password and e-mail address changed- hence capital K

I'm afraid I can't stand Redknapp, but great achievement getting them to 4th & cracking run in the CL this year, which must have been great to watch. They seem to have imploded since they were knocked out though.

Arsenal would be insane to elsewhere, although it seems peverse that Wenger won't just buy a reliable centre half and keeper.

Are you still getting some marathon cycling in ?

Fedupagain

As a West Ham fan I would love to have Harry Redknapp back so if Spurs dont wont him he is welcome back at Upton Park.

The Irons deserve to go down with the football they have played this year - I too hope that Wolves make it as they have played some blinding football at times (esp. against the big teams) and I also hope Blackpool make it however unlikely that is.

Thrugelmir

michaels wrote: »

Hmm - NS&I withdrew their last issue just before inflation started to spike - is the relaunch a strong signal that inflation will be a fair bit lower in 12 months time - after all why borrow in this way when they could get money in apparently more cheaply with a standard fixed rate product?!

The target this tax year for NSI is £2 billion of funds. With fixed rate ISA's offering 5% there's competition for savers money in the market.

Only HSBC seems awash with money. Hence its low mortgage rates.

WardwarkOwner

Thrugelmir wrote: »

And your attempt at sarcasm serves what purpose?

I doubt that you make any attempt whatsoever to listen to informed views or debate.

I listen to informed views. Half-wits stating the bleeding obvious is another matter.

WardwarkOwner

ILW wrote: »

Quote: Originally Posted by WardwarkOwner
The point was that with growth so weak, inflation would have to be much higher to be more of a factor in the decision. However a lot of these factors are not independent of one another and so you would need a very detailed scenario and then put in a lot of time evaluating it to give a considered opinion. That is why I thought you question was stupid as well as this second iteration of it.

But what do you mean by "much higher", 10% 20% 50%?

If you read what your responding to you will realise that I have answered your question.

Thrugelmir

WardwarkOwner wrote: »

I listen to informed views.

Then go back to the playground where you belong. When you've grown up and feel you can behave like an adult come back on to the forum.

ILW

WardwarkOwner wrote: »

If you read what your responding to you will realise that I have answered your question.

You have not answered the question, just waffled on about it all depends. The question is pretty simple, "What is the highest rate of inflation that you consider acceptable in percentage terms?"