HOUSEHUNTER

February Rate Rise

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I don't think I could take another rise in Feb, i've done little work today as i've been looking at all the responses to this..!

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I've been holding my horses for too blummen long!...............................anyway, I didn't mean a real bet! Just see who gets it right for Feb! The BoE raised rates to 5.25 percent wrong footing 49 out of 50 economists polled by Reuters................. so never, EVER believe the hype!!!!!!

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Betfair odds actually suggest about 30% chance of a rise in February, which is a lot higher than the January odds were. Also, short sterling futures took a jump today and are suggesting another rise very soon.

Looks like this rise has given the message that there are more to come. Could well be as soon as next month!

Edited by nic

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Betfair odds actually suggest about 30% chance of a rise in February, which is a lot higher than the January odds were. Also, short sterling futures took a jump today and are suggesting another rise very soon..

Looks like this rise has given the message that there are more to come. Could well be as soon as next month!

Yes, I agree

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CPI = 3.1%

Rates up Feb = 5.5%

I'll wager tuppence.

D :rolleyes:

It is possible

I think Merv would actually be happy if this happened as it would untie his hands

I think that the longer term inflation outlook is starting to look much worse than previous which has frightened them even more

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I've been holding my horses for too blummen long!...............................anyway, I didn't mean a real bet! Just see who gets it right for Feb! The BoE raised rates to 5.25 percent wrong footing 49 out of 50 economists polled by Reuters................. so never, EVER believe the hype!!!!!!

Mmmm, I knew it was on but Feb was my date.

I'm up for another in Feb, if the odds were better I'd take them.....might still do @ 2/1.

slopes off to create a sig............................

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Mmmm, I knew it was on but Feb was my date.

I'm up for another in Feb, if the odds were better I'd take them.....might still do @ 2/1.

slopes off to create a sig............................

I am honoured :P

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According to Stuart Law,managing director of property investent specialist Assetz (!)

"We expect that wage inflation will be kept under control at 4% or less, while inflation is expected to drop back down to 2% by the end of the year. This, combined wiht falling energy pries, confirms that the eonomy is on an even keel and we are likely to the the Bank holding or lowering rates in the coming months"

VI? lol!

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According to Stuart Law,managing director of property investent specialist Assetz (!)

"We expect that wage inflation will be kept under control at 4% or less, while inflation is expected to drop back down to 2% by the end of the year. This, combined wiht falling energy pries, confirms that the eonomy is on an even keel and we are likely to the the Bank holding or lowering rates in the coming months"

VI? lol!

If only the public sector looked at CPI , but they don't they use RPI to bargain with .RPI is already at 3.9% and should go higher as it includes IR's , looks like the spiral could begin here as I can't see the unions settling for 2% which is what Gordo is after.

D

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