Sunday, Aug 26, 2007
Interest Rates? 6% before Christmas, 6.25% before Valentines.
Guardian: GDP up for sixth consecutive quarter
Phew, I missed this at the time, GDP up to 3.2%. And people have been calling for a cut in rates!!
Posted by planning4acrash @ 07:25 AM (321 views) Add Comment
1 Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. planning4acrash said...
Ha haa! Caught out. MPC in August with their prediction (which stupidly counts the last 6-months as prediction) Predicticting/(manipulating.rewriting the past) to skew figures, now you know they are up to something, (there should be a solid line where there is a fan graph pre-August)! Anyhow, GDP should be at about 2.75 to be at their predicted levels, but its at 3.2% and appears to be rising, which can only mean one thing, higher interest rates, unless I've missed something and the UK has had a sudden surge of productivity and capacity. http://www.bankofengland.co.uk/publications/inflationreport/mktgdpaug07large.gif