Interest rate rise ? How much ? When?

[Deleted User X18H]

I'll say 4.5% by 1pm.

 

[Giraffe]

You fool.

 

[Gazwag]

Threads started by HoveB&B 45 by 1pm

 

[Titanic]

FTSE100 has already made up half of the initial overnight loss... and is back above it's level of June 15th... it's merely a blip.

 

[Titanic]

and £ at the same level it was against the $ at the end of February this year. Again, hardly 'turmoil'.

 

[beorhthelm]

there was commentry yesturday that put forward that the £ is (was) overvalued so this could be a Good Thing (tm) especially for export.

but if they were worried, a 0.25% or 0.5% would move £ a lot given the poor rates available elsewhere.

 

[Captain Sensible]

Rebounds only. The stocks and currency will make consecutive losses over the coming months. Of that there is no doubt as long term positions are reevaluated.

 

[GOM]

Rebounds only. The stocks and currency will make consecutive losses over the coming months. Of that there is no doubt as long term positions are reevaluated.

Of that there is no doubt that is your opinion.

 

[Moshe Gariani]

Interest rates may well stay low but that would not be an indication of anything positive.

There is going to be a generation of workers that have never had a pay rise...

Remember when ordinary people could expect a few % each year and their mortgages became incrementally more affordable...? Forget that.

 

[Prince Monolulu]

Remember when ordinary people could expect a few % each year and their mortgages became incrementally more affordable...? Forget that.

I am aware of many that have had no rise or simply 1% p.a. for many years now.

 

[LamieRobertson]

I'll say 4.5% by 1pm.

Stick to the weather

 

[WonderingSoton]

"David Tinsley at UBS said there would be "a significant rise in economic uncertainty" and that the Bank of England's Monetary Policy Committee (MPC) was expected to take action, including interest rate cuts and an extension of its quantitative easing programme.

"We expect the MPC will cut policy rates to zero and make further asset purchases, in the first instance of £50-75bn, not later than February 2017," he said."

http://www.bbc.co.uk/news/business-36611512

Interest rate CUT.
=Nobody has a clue.

 

[bhanutz]

"David Tinsley at UBS said there would be "a significant rise in economic uncertainty" and that the Bank of England's Monetary Policy Committee (MPC) was expected to take action, including interest rate cuts and an extension of its quantitative easing programme.

"We expect the MPC will cut policy rates to zero and make further asset purchases, in the first instance of £50-75bn, not later than February 2017," he said."

http://www.bbc.co.uk/news/business-36611512

Interest rate CUT.
=Nobody has a clue.

Yeah but inflation will rise.......

 

[driller]

It will go the other way - talk of zero percent base rate.

 

[tinycowboy]

Inflation will be up, interest rates to zero by the end of the summer, UK GDP growth prediction down from 1.5%-2.0% to 0.5%. EU growth also down by 0.5%. EU will be very keen to move the regional financial centre from London to somewhere within the EU, probably Frankfurt?

 

[Diablo]

Hopefully House prices will lose fall enabling more to make their first purchase!!

 

[Superseagull]

Where can the Bank of England suddenly find £250 billion to pump into the £ to stabilise it?

 

[CHAPPERS]

there was commentry yesturday that put forward that the £ is (was) overvalued so this could be a Good Thing (tm) especially for export.
.

Export what exactly? We don't make anything anymore.

 

[CHAPPERS]

Hopefully House prices will lose fall enabling more to make their first purchase!!

Housebuilders immediately lost 22% of share price today.

 

[alfredmizen]

Inflation will be up, interest rates to zero by the end of the summer, UK GDP growth prediction down from 1.5%-2.0% to 0.5%. EU growth also down by 0.5%. EU will be very keen to move the regional financial centre from London to somewhere within the EU, probably Frankfurt?

Just like when we didnt join the Euro ?