munimula Posted August 3, 2005 Share Posted August 3, 2005 Firstly I'm in total disbelief that it seems to be we are in for a rate cut tomorrow. It just simply doesn't add up in the face of all the inflationary pressures already out there. This cut in rates now could mean higher rates in the long run... How low do you think rates will go? When do you think rates will be moving back up again? How high do you think rates could go then? Quote Link to comment Share on other sites More sharing options...
shedders Posted August 3, 2005 Share Posted August 3, 2005 Firstly I'm in total disbelief that it seems to be we are in for a rate cut tomorrow. It just simply doesn't add up in the face of all the inflationary pressures already out there. This cut in rates now could mean higher rates in the long run...How low do you think ratesĀ will go? When do you think rates will be moving back up again? How high do you think rates could go then? <{POST_SNAPBACK}> Personally I dont think rates will go down much after August and all the indicators are rates will have to rise to protect sterling which will take a battering next week.. Quote Link to comment Share on other sites More sharing options...
Guest Charlie The Tramp Posted August 3, 2005 Share Posted August 3, 2005 After studying the MPC voting pattern the past year and the downturn in the retailing sector since last Christmas, I am going to put my head on the block. The service industry which is now the leader in our economy is doing very well thank you. HOLD on Thursday and up in the New Year. Quote Link to comment Share on other sites More sharing options...
Casual Observer Posted August 3, 2005 Share Posted August 3, 2005 40% chance Hold in August; 60% fall of .25% THEN....... Increase again in February with a new peak of 5.25% by the end of 2006. I think the MPC are in a very large cleft stick Quote Link to comment Share on other sites More sharing options...
737 Posted August 3, 2005 Share Posted August 3, 2005 Down to 3.75% by the end of 2006 and the Pound probably falling 15% against the Euro. Quote Link to comment Share on other sites More sharing options...
aclwalker Posted August 3, 2005 Share Posted August 3, 2005 I honestly think the "not wanting to rock the boat" approach will be taken, with holds for the next few months with raises after. But who knows? Quote Link to comment Share on other sites More sharing options...
aclwalker Posted August 4, 2005 Share Posted August 4, 2005 I honestly think the "not wanting to rock the boat" approach will be taken, with holds for the next few months with raises after.But who knows? <{POST_SNAPBACK}> Damn, wrong this time. Well, what I take from it is that we have a FAR from independent BoE (as if I didn't know that already). At least it saves me money on my mortgage. Looks like I can up my overpayment again and get this debt to **** quicker. Quote Link to comment Share on other sites More sharing options...
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