65243 Posted February 11, 2016 Share Posted February 11, 2016 On the home page ... http://www.telegraph.co.uk/finance/bank-of-england/12150486/Markets-rule-out-UK-interest-rate-rise-until-end-of-decade.html Quote Link to comment Share on other sites More sharing options...
canbuywontbuy Posted February 11, 2016 Share Posted February 11, 2016 The next time we see rates rise, it will be from a negative value. Quote Link to comment Share on other sites More sharing options...
rantnrave Posted February 11, 2016 Share Posted February 11, 2016 Changing from -0.1% to -0.25%, don't two minuses make a +? Quote Link to comment Share on other sites More sharing options...
Amiinsane Posted February 11, 2016 Share Posted February 11, 2016 If they reduce the cost of borrowing further along with HTB you can forget a drop in house prices. Depressing stuff, I had hoped this year was seeing a turn in sentiment with the BTL crowd shuffling towards the door and your Chinese investors dumping their flats. Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted February 11, 2016 Share Posted February 11, 2016 If they reduce the cost of borrowing further along with HTB you can forget a drop in house prices. Depressing stuff, I had hoped this year was seeing a turn in sentiment with the BTL crowd shuffling towards the door and your Chinese investors dumping their flats. Talking heads from a couple of the big banks saying that no rate rises IS the problem, the market can`t function without proper pricing of risk. I wouldn`t bet on no rate rises, at the moment the banking elite and the fed are just trying to work out who is going to get smashed when they let it go. Quote Link to comment Share on other sites More sharing options...
Agentimmo Posted February 11, 2016 Share Posted February 11, 2016 Agree. No rate rises will see the banks crushed. With -ve rates, most people if not all will be better off keeping their money at home. Big safe. Big dog. Etc. Expect a big rise in household crime as a result. Not to mention kidnappings etc as wily thieves work out the most efficient way to take advantage of this turmoil. Quote Link to comment Share on other sites More sharing options...
Squeeky Posted February 11, 2016 Share Posted February 11, 2016 Agree. No rate rises will see the banks crushed. With -ve rates, most people if not all will be better off keeping their money at home. Big safe. Big dog. Etc. Expect a big rise in household crime as a result. Not to mention kidnappings etc as wily thieves work out the most efficient way to take advantage of this turmoil. You have to prove where money comes from these days. If you want to buy anything which is a little more substantial you may struggle. Quote Link to comment Share on other sites More sharing options...
“Nasty Piece of work” Posted February 11, 2016 Share Posted February 11, 2016 As much as the City was blind sided by 2007/2008. I have little faith in their predictions, as they have been so very wrong in the past (albeit with a 'Free Get Out Of Jail' card). Quote Link to comment Share on other sites More sharing options...
winkie Posted February 11, 2016 Share Posted February 11, 2016 High rates, low debt or high debt, low rates.......same thing, only high debt ultimately costs more for more people. Quote Link to comment Share on other sites More sharing options...
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