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Interest Rates
wotsthat
Posts: 11,325 Forumite
I'd just like to wish happy birthday to the BoE base rate of 0.5% - seven today!
Getting all grown up now.
Getting all grown up now.
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Comments
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I'd just like to wish happy birthday to the BoE base rate of 0.5% - seven today!
Getting all grown up now.
and of course, many happy returns.Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
Be afraid though....The Bank of England's chief economist has warned that policy-makers will hike interest rates back up with "vigour"
http://www.telegraph.co.uk/finance/personalfinance/interest-rates/5060492/Interest-rates-could-increase-with-vigour-warns-chief-economist.html0 -
Well, according to Mark Carney, they are [STRIKE]going up next year[/STRIKE] [STRIKE]might move to zero next week[/STRIKE] [STRIKE]need to go up immediately[/STRIKE] [STRIKE]could move to sub-zero[/STRIKE] [insert whatever he's decided today]."Real knowledge is to know the extent of one's ignorance" - Confucius0
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For Vigour read Inertia :eek:'In nature, there are neither rewards nor punishments - there are Consequences.'0
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They are very, very unhappy about interest rate news over at the anti-MSE. The bile is genuinely funny.
http://www.housepricecrash.co.uk/forum/index.php?/topic/208779-ex-mpc-member-says-rates-will-stay-low-until-2021/0 -
I wonder how future historians will look upon this period of low inflation and low interest rates in 50 years time....or are we still going to be stuck at 0.5% in 50 years.:footie:
Regular savers earn 6% interest (HSBC, First Direct, M&S) Loans cost 2.9% per year (Nationwide) = FREE money. 0
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