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Fed cuts rate by .5% to 4.75 !!!

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Comments

  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    influence wrote: »
    End of my high rate saving.

    Probably not - due to the way things have changed. Due to the Credit crunch a BofE cut in Interest rates will probably not make any difference. The baseline has changed to the Banks and they aint going to be handing out cheap money anytime soon ;)
  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    free4440273 wrote: »
    Nobody really belives the CPI figure of 1.8% anyway. food prices ARE soaring. reminisces of August 2005 when BofE cut by .25 to 'stimulate' the housing boom (as if it really needed stimulating). rates should be held steady until the end of the year IMO but i expect a cut of .25 next month. Everyone happy? :(


    You thrown out that crystal ball yet???
    Wanna borrow mine? It seems a good deal clearer than your foggy ol' knacker!!!
    ;)
  • free4440273
    free4440273 Posts: 38,438 Forumite
    JonnyBravo wrote: »
    You thrown out that crystal ball yet???
    Wanna borrow mine? It seems a good deal clearer than your foggy ol' knacker!!!
    ;)
    no, i don't want to borrow yours. yours is filthy ;)
    BLOODBATH IN THE EVENING THEN? :shocked: OR PERHAPS THE AFTERNOON? OR THE MORNING? OH, FORGET THIS MALARKEY!

    THE KILLERS :cool:

    THE PUNISHER :dance: MATURE CHEDDAR ADDICT:cool:
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