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According to the bbc just now, markets are pricing in an emergency rise the week by 0.75 followed by 1% in NovemberEx Sg27 (long forgotten log in details)Massive thank you to those on the long since defunct Matched Betting board.0
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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" .0
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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.0 -
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.1 -
Bridlington1 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.0 -
BoE statement later this afternoon, probably 5pm.4
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Daliah said:Bridlington1 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.Particularly the Americans who work here but get paid in dollars – nice.
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eta corrected link
eta2 Ford offer change
eta See later updates or 'Big List' link in the signature.10 -
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.0 -
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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