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No Base Rate rise potentially till end of 2013

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Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Linton wrote: »
    But until then the people waiting for interest rates to increase are going to be disappointed.

    The market is already pushing interest rates up. So those not linked to BOE base rate are beginning to feel the temperature rise.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Graham_Devon wrote: »
    So in answer to my point, you literally will find any way possible, regardless of how immature it makes you look, to find a way to disagree?
    No, sorry.
  • Degenerate
    Degenerate Posts: 2,166 Forumite
    The_J wrote: »
    The base rate won't see anything but token rises for the next decade.

    Very likely.

    I also think the entire stock of UK government debt might be held by the BOE by the time this mess is over. £1Tn of QE.
  • PaulF81
    PaulF81 Posts: 1,727 Forumite
    Thats a whole load of deflationary unwinding before rates go back up. If anyone is stupid enough to buy the gilts.
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