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Rising Interest Rates

Currency traders betting on 2 rises

http://www.bloomberg.com/apps/news?pid=20601102&sid=api4s_9nTtlc&refer=uk

Very bad signs for the housing market
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Comments

  • abaxas
    abaxas Posts: 4,141 Forumite
    You crazy fool(ette).

    House prices only ever go up. Buy now!
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    I've got my fiver on 'no change' on Betfair. I had imbibed before I put the bet on though. I reckon my fiver isn't lost yet.

    Peversely, interest rate expectations keeping the pound high reduces the need for higher interest rates!

    We'll see. Roll on the 10th.
  • Sisyphus
    Sisyphus Posts: 293 Forumite
    Generali wrote: »
    I've got my fiver on 'no change' on Betfair. I had imbibed before I put the bet on though. I reckon my fiver isn't lost yet.

    Peversely, interest rate expectations keeping the pound high reduces the need for higher interest rates!

    We'll see. Roll on the 10th.

    you're just throwing your money away with that bet. Hardly in the spirit of MSE... ;)
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Sisyphus wrote: »
    you're just throwing your money away with that bet. Hardly in the spirit of MSE... ;)

    The wine was GBQuid2 off in Waitrose so it's not all bad.

    And I'm still betting with the profits from the 2005 Ashes.
  • Snow_Dog
    Snow_Dog Posts: 690 Forumite
    Part of the Furniture Combo Breaker
    Batten down the hatches, its going to be a rough ride. Hell, 1989 is going to seem like a walk in the park.

    Economies will collapse, civilisation as we know it will end, anarchy in the streets, inflation will run wild at 1600000000%, oil will be $400 a barrel before we know it.

    The ozone layer will completely collapse, government will fall and the NHS will shut its doors.

    Hey, who do I sound like? Any guesses?
  • VebGuy
    VebGuy Posts: 12 Forumite
    Hmmm... just keep an eye on Iran...
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    ...and the carry trade...and contagion from the likely US recession...and a possible credit crunch...
  • Interest Rates are on the way down, My estate agent told me so, and as we know, EA's Never lie. He also said i should buy a House now asap as house prices are really affordable. ;)
  • sm9ai
    sm9ai Posts: 485 Forumite
    CPI at 3.1%

    We could quite easily see 0.5% in may now, 0.25% is a dead cert.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Generali wrote: »
    I've got my fiver on 'no change' on Betfair. I had imbibed before I put the bet on though. I reckon my fiver isn't lost yet.

    Peversely, interest rate expectations keeping the pound high reduces the need for higher interest rates!

    We'll see. Roll on the 10th.

    Oh well. There goes my fiver.
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