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Base rate to rise in 2013?
Comments
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If UK salaries an property prices were to start running away into the distance, then yes.
So, no.
Even if property prices were to start running away, I doubt the BoE would do anything. Salaries, maybe.30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0 -
i hope they stay where they are, ive nearly saved enough money to be mortagage free at 32 years old. Still have 20 years to run on my mortgage but its pointless overpaying when interest rates are sooo looowwww !3.64KW system, aurora power one inverter, South west facing with no shading in Lancashire.0
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yes indeed, im monitoring the situation, but i can still get 2.5% savings and my mortgage is 0.94%3.64KW system, aurora power one inverter, South west facing with no shading in Lancashire.0
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I have a feeling in me bones we are turning a corner. I predicted a crash back in 05, saved 100k and bought in 2010.0
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Why is the fed worried that QE is going to cause inflation if there is less money in the system even with QE ?Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.0
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The FED isnt worried at all, they are trebling their efforts
There is more money overall but its not circulating, that can change
http://www.youtube.com/watch?v=ugUCEjmTIio0 -
HAMISH_MCTAVISH wrote: »:rotfl:
The money supply (M4) shrank by £128 bn in the two years to Oct 2012.
And that's AFTER "the BOE added billions of £s to the currency supply".
The currency supply is decreasing, not increasing, you prize nitwit.
So is Hamish wrong ?Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.0 -
“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Here you go....
Try and explain how that falling money supply is inflationary....;)“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0
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