Sunday, Jan 14, 2007
Panic: Interest rate hike is premature, says NAEA
Free Help Advice: Panic: Interest rate hike is premature, says NAEA
The National Association of Estate Agents (NAEA) has commented that the Bank of England’s decision to increase the interest rates to 5.25% is premature and disappointing, as enough time was not given for the effect of November’s rate hike to be fully felt. The Bank of England (BoE) surprised many economists and analysts earlier this week, by increasing the bank base rate from 5% to 5.25%.
Posted by matt @ 11:35 AM (155 views) Add Comment
4 Comments
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1. Surfgatinho said...
What a bunch of half-wits! I suspect Mervyn will be writing a letter to Gordon this week explaining why CPI has topped 3% and these monkies are saying it's too early!
Too early for what anyway?
2. Sam said...
lol, yes because lying cockroaches would make great economists.
p.s. so if i offended any cockroaches reading this.
3. bidin'matime said...
Nothing unexpected here...
4. sirgoogle said...
They would say that would'nt they.
Lets hope that lots of these lying EA B@5t@7ds are on the streets before long. Its nearly all their fault for price fixing, not only locally but counry wide. In any other industry that they do would be illegal. Maybe before the next property bubble a Govt will have been brave enough to regulate the market.