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  • Sg28
    Sg28 Posts: 450 Forumite
    Third Anniversary 100 Posts Name Dropper
    According to the bbc just now, markets are pricing in an emergency rise the week by 0.75 followed by 1% in November 
    Ex Sg27 (long forgotten log in details)

    Massive thank you to those on the long since defunct Matched Betting board.
  • We have to pray on our knees that this BOE expectation for an emergency follow-up rate hike is true. Sterling lost over 6% in just two days. And you are all discussing earning interest of 2% pa. "Lord giveth and the Governments taketh away" . 
  • Nick_C
    Nick_C Posts: 7,605 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Home Insurance Hacker!
    Sterling is only going to improve against the USD when BOEBR matches the Federal Reserve rate - which is currently 1% higher.

    BOE messing around as usual at their 6 week reviews instead of making bold changes that would actually make a difference.
  • Nick_C said:
    Sterling is only going to improve against the USD when BOEBR matches the Federal Reserve rate - which is currently 1% higher.

    BOE messing around as usual at their 6 week reviews instead of making bold changes that would actually make a difference.
    O lord what fools these bankers be.
  • Daliah
    Daliah Posts: 3,792 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    Nick_C said:
    Sterling is only going to improve against the USD when BOEBR matches the Federal Reserve rate - which is currently 1% higher.

    BOE messing around as usual at their 6 week reviews instead of making bold changes that would actually make a difference.
    O lord what fools these bankers be.
    Really? I reckon they are all creaming it atm.
  • Daliah
    Daliah Posts: 3,792 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    BoE statement later this afternoon, probably 5pm.
  • Daliah said:
    Nick_C said:
    Sterling is only going to improve against the USD when BOEBR matches the Federal Reserve rate - which is currently 1% higher.

    BOE messing around as usual at their 6 week reviews instead of making bold changes that would actually make a difference.
    O lord what fools these bankers be.
    Really? I reckon they are all creaming it atm.

    Particularly the Americans who work here but get paid in dollars – nice.




  • 2010
    2010 Posts: 5,497 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    In the good old days when we left the ERM under another Tory government and the £ collasped they increased rates to 17%, yes seventeen%.
    Happy days.
  • soulsaver
    soulsaver Posts: 6,633 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Just observing YBS is making an aggressive move: The Loyalty 6 easy access is above the top rate of the tiered account?

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