We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
"Bank voted 8-1 to freeze UK rates"
ukbondraider
Posts: 252 Forumite
"Bank voted 8-1 to freeze UK rates"
"The only member who did not vote to keep rates on hold, David Blanchflower, was in favour of cutting rates to 5%"
"This outcome has clearly reduced the likelihood of a near-term rate hike"
Come on then, when are the doom mongerers MysticTrev et al going to come on here to tell us such info?????????
"The only member who did not vote to keep rates on hold, David Blanchflower, was in favour of cutting rates to 5%"
"This outcome has clearly reduced the likelihood of a near-term rate hike"
Come on then, when are the doom mongerers MysticTrev et al going to come on here to tell us such info?????????
0
Comments
-
Ohhhhh im so upset.0
-
well bear in mind that they didn't have access to this months figures then unlike previous meetings so they would have only saw the effect of the rates reducing from 3.0% to 2.7% the fact that such a drop didn't maintian and the rates actually gone up again could be a major factor to change their decisionMoney, Money, Money ..... Banks/Casinos/Bookies give me all you money its a poor mans world....0
-
Interest rates are going up again in April. Of that I'm certain.0
-
dannyboycey wrote: »Interest rates are going up again in April. Of that I'm certain.
If you are so certain, go make a bet on betfair, you could make alot of money
Save save save!!0 -
Im not sure anyone can be certain - My thoughts are that it will stay the same.
The BOE would have known inflation was going to be slightly up on last month but not enough to be worried - BOE knows that the wage increases were not as much as they thought and that gas/oil and electricity is coming down.
I also think that inflation will start to come down during april/may/jun so if there isnt a rise this month I doubt there will be anymore this year at all.
Dont forget 1 person voted to drop rates although I know this is unlikely to happen it does suggest that we wont see movement for a while.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.6K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.4K Work, Benefits & Business
- 604.3K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards