Wednesday, Feb 14, 2007
Playing games with the Pound?
BBC: Bank hints at further rate rise
The Bank of England has hinted that it is likely that interest rates will need to be increased once more to keep inflation in check.
Posted by sovietuk @ 10:59 AM (178 views) Add Comment
1 Comment
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1. talking rot said...
One week interest rates will definitely fall; next week they will definitely rise. If you ask 10 "experts" you'll get at least 11 different opinions, all of which will be proved wrong. The reality is that no one, including the MPC, knows what will happen to interest rates in the future. Who said "When the facts change, I'll change my mind?"