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Debate House Prices
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Annual Prediction Thread for BoE Interest Rates
Comments
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I'll go for 0.25%.0
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Put me down for .25% .
Outside possibility that BOE will resort to cutting rates before a 3rd round of QE.0 -
Can I predict 12.5% just to be different?Been away for a while.0
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Well I also go for no change. However, I think that all it reflects is how fragile the economy is. In fact, wondering what is the point of savings, pension funds. All being totally hammered. Then again, in my day ( lol ) , homes were never seen as an investment, just a place to live.0
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I think there would need to be pretty definite signs of recovery before rates move anywhere. Until we see real wage increases it's out of the question, and with low growth at home and abroad I can't see what will drive that.
So 0.5% for me. If there was any chance of it going lower I think it would've happened already.“I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse0 -
Running_Horse wrote: »Can I predict 12.5% just to be different?
You can, but someone will definitely use it against you at a later time
“I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse0 -
What exactly are squeezed households going to do? With large numbers of skilled people out of work, any wage rise demands will be met with minimum notice and an advert for 75% of the original salary in the local newspaper.MacMickster wrote: »I believe that wage inflation will be the trigger that drives up interest rates this year. It is not related to recovery in the economy, but I suspect that public tolerance of squeezed household income is nearing an end.
With increasing pay deals I predict the base rate to be 1.5% by the year end, and then continuing to rise rapidly the following year.0 -
Me, I just think it is a complete mess.0
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