When's the first interest rate rise going to come?

westernpromise

Keep_pedalling wrote: »

the Bank of England will act to support the economy rather than support the pound

Given the damage the opposite course caused in 1990 - 1992, that would seem the sensible choice, but it is also almost certain to conflict head-on with the BoE's duty to control inflation.

gfplux

Conrad wrote: »

THERE WILL BE NO RATE RISE FOR US


As I was at points to explain, leaving would make us even safer relative to the EU - you will see investment pour into Britain

Living overseas I don't like the sound of this.

http://www.independent.co.uk/news/business/news/sp-says-uk-to-lose-top-credit-rating-after-vote-to-leave-the-eu-reports-a7099581.html

paddyrg

Generali wrote: »

I suspect we'll see inward investment fall to roughly £0 until this is resolved after previously made decisions have been worked through.

Yes lots of smaller scale investment already hit, I really can't believe we've self-harmed like this.