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Generali
Posts: 36,411 Forumite

Whaddya reckon then?
Halifax show house prices down MoM for 2nd consecutive month.
CPI low - 1.8%.
Equity prices very volitile.
Credit crunch is pushing up LIBOR.
Gotta protect that pound though or we get hit by imported inflation.
I've got a small bet on a 25bp fall. I suspect that we'll get no change.
Halifax show house prices down MoM for 2nd consecutive month.
CPI low - 1.8%.
Equity prices very volitile.
Credit crunch is pushing up LIBOR.
Gotta protect that pound though or we get hit by imported inflation.
I've got a small bet on a 25bp fall. I suspect that we'll get no change.
0
Comments
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My money is on no change - based on the uncertainty caused by the credit crunch ( though the only certainties are death & taxes
)
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Im going for no change; surely they cant be that daft to cut??? :rolleyes:0
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I'm going for no change... but I might put some money down if I can get the odds on .5% drop by june next year0
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chelseablue wrote: »Im going for no change; surely they cant be that daft to cut??? :rolleyes:
I expect no change as well, though, based on past performance, a small bet on 'daft' might be worthwhile.0 -
They won't cut - they must still have August 2005 ringing in their ears!0
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Its a hold from me as well0
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Hmm. Starting to regret my GBQuid 2 bet on Betfair for a 0.25% cut.
Never mind, it's Contrarian Investing, not chucking money down the drain.0 -
Pft, you won't regret it if they prove us all wrong and how incompetant they can be
Lets see how many of them vote to lower it though0 -
We can only hope for a cut to give house prices a bit of a push up, but I don't think we'll see anything before Christmas.
Good to see that we are at the top of the interest rate cycle though.
:money:0 -
Is today the MPC meeting day?
I will be really boring and say that they will hold at 5.75%. In a world that has suddenly gone all jittery I don't think that they would risk rocking any boats right now.0
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