Debate House Prices


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GDP up but slowing - rate cut?

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  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    Zxcv_Bnm wrote: »
    Inflation down from 2.1 to 1.8% in December

    Rate cut coming I reckon
    https://www.ft.com/content/0bd7f64e-2f72-11e9-8744-e7016697f225

    BOE looks ahead. Doesn't react to today's news headlines.
  • LHW99
    LHW99 Posts: 5,215 Forumite
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    Could be negotiated.
    .........away
  • phillw
    phillw Posts: 5,665 Forumite
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    edited 15 February 2019 at 10:28PM
    I expect they'll ignore what GDP does until after brexit day, because any movement now is short term.
    movilogo wrote: »
    I heard if we stay in EU, by 2022 all member countries must adopt Euro :eek:

    If only we'd be so lucky. There are too many flag wavers for that to happen. I don't quite understand why people fight to keep a picture of an increasingly unpopular/rich/old woman of german descent on their money, but people seem to feel pretty strongly about it.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
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    spadoosh wrote: »
    I wouldnt wish to speculate on that. Rules can change as quick as politicians. .

    The UK has a permanent opt-out to joining the Euro.

    The UK also has a veto on new countries joining and an EU Army.

    None of that can be changed without out our specific agreement.

    So it'd be good if people would stop scaremongering.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”
    -- President John F. Kennedy”
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
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    movilogo wrote: »
    At least ours is still rising :p!

    Actually our GDP was negative in December.

    And the quarter was only positive thanks to stockpiling.

    In Eurozone (= Germany, Italy) it is falling into recession.

    Germany is not in recession.

    Neither is the Eurozone.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”
    -- President John F. Kennedy”
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    phillw wrote: »
    I expect they'll ignore what GDP does until after brexit day, because any movement now is short term.



    GDP figures subsequently get revised as the months passed. Normally upwards. As where the data is missing. Initial estimates are made on a conservative basis.
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