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Interesting Read - The minutes are out
Mr_Proctalgia
Posts: 967 Forumite
The quicker you fall behind, the longer you have to catch up...
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Does that mean there will be a further drop in interest rates this month by .25%??? and possibly a further drop later on in the year? Interestin read though like you say!
Would be interesting to know how much they are all paid!0 -
there might be one more cut this year but the BoE are still keen to keep inflation below target so won't want to encourage too much consumer spending. personally i reckon they will stay on hold for the rest of the year unless the housing market starts to drop again...No Unapproved or Personal links in signatures please - FT30
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there might be one more cut this year but the BoE are still keen to keep inflation below target so won't want to encourage too much consumer spending. personally i reckon they will stay on hold for the rest of the year unless the housing market starts to drop again...No Unapproved or Personal links in signatures please - FT30
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I'd be surprised if there were any more cuts this year, if inflation continues to rise they could well go back up again IMHO:j The £2 CSC = £48 in carton£100 banked Mar 06V-Free : 4 weeks
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Robin00 wrote:personally i reckon they will stay on hold for the rest of the year unless the housing market starts to drop again...
I think you overestimate the attention the BoE pays to the housing market. If there are inflationary signals, they will increase interest rates even if the housing market is collapsing.0
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