Tuesday, Jun 05, 2007

The "Wait-and-See" policy strikes again

The Times Online: Prices grow at slowest rate for 15 months

The chances of another interest rate rise this week are dimmed as survey shows colling service sector prices

Posted by talking rot @ 03:03 PM (99 views) Add Comment

2 Comments

1. dohousescrashinthewoods said...

I guess it depends whether CPI is pricking at their heels or not, and we won't know if it was until later.

If it has fallen (by luck, judgement or re-weighting) they will probably sit on their hands, but if it's up again (over 3%, given the trend?) the hands will be forced.

If Danny-boy's crystals are tinkling in harmony with the fairy-land princesses' rainbow-colours and his tea-leaves speak the magic words, we may see action from him too ;)

Tuesday, June 5, 2007 04:24PM Report Comment
 

2. Pr said...

Dan Branch Flower Power ;)

Tuesday, June 5, 2007 06:09PM Report Comment
 

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