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!

BoE Poll

123457»

Comments

  • Melissa177
    Melissa177 Posts: 1,727 Forumite
    No Change
    Generali wrote: »
    I don't get complaints, only thanks. He can't work for Big Bank.

    He could well work for mid-sized foreign bank where I was a few years back - their IT was terrible. They cancelled 2 London IT projects, writing off a total of £160 million! They only had a thousand employees in London - they should have just upped the bonuses by £160k each!

    Ouch. That's even more money than the increase in palm kernel/coconut oil has done to my business in the past two weeks!

    No, he doesn't work for a mid-sized foreign bank - it's a big American one. He's just asked me if I want dinner tonight, so any more questions for my trader friend on interest rates, and I can report back tomorrow? :cool:
    Errors of opinion may be tolerated where reason is left free to combat it. - Jefferson
  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    +25bp
    Melissa177 wrote: »
    He's just asked me if I want dinner tonight, so any more questions for my trader friend on interest rates, and I can report back tomorrow? :cool:

    Perhaps this has come up on his Bloomberg thingy!?June 6 (Bloomberg) -- Where will U.K. interest rates peak? Most people in the market say it is somewhere between the current 5.5 percent and 6 percent. They are kidding themselves. When the Bank of England's Monetary Policy Committee begins its two-day meeting today, it should consider a shock half-point move straight to 6 percent. Meanwhile, the markets should be thinking about rates peaking closer to 7 percent. http://www.bloomberg.com/apps/news?pid=20601039&sid=a6VK2CRqd7bo&refer=home
  • thesaint
    thesaint Posts: 4,324 Forumite
    Part of the Furniture Combo Breaker
    No Change
    Melissa177 wrote: »
    Ouch. That's even more money than the increase in palm kernel/coconut oil has done to my business in the past two weeks!

    No, he doesn't work for a mid-sized foreign bank - it's a big American one. He's just asked me if I want dinner tonight, so any more questions for my trader friend on interest rates, and I can report back tomorrow? :cool:
    Keep your hand on your tuppence Mel, he sounds like a bounder to me.
    Well life is harsh, hug me don't reject me.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245K Work, Benefits & Business
  • 600.6K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.