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Will They Raise Rates Tomorrow?

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We used to have a poll every month until it became pointless. This is the first time for months that I feel there is any chance of IR rising. What do you think?

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I think it's still pointless <_<

I'd be happy to see that even one more person voted for a rise when the minutes come out.

I don't think it's pointless as there is a teeny chance they may rise.

I voted hold but I'm hoping rise! :)

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I think we might get a "clear hint" month prior to any rise. (It's hard to judge because it's like deciding how many monks are required per acre in a God-fearing country - ie. there is no rational answer. Central planning should never have been introduced.)

Yep, will see a swing in the minutes before an actual rise.

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Yep, will see a swing in the minutes before an actual rise.

A swing in the votes yes. But they can't show that they are swinging one way or another because the Market will just pre empt them.

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IMO the only reason rates will rise is if the bond markets demand it.

There appears little pressure at the moment, esp. with Europe up shit creek.

My guess is rates to stay at 0.5% until at least September.

You may be right but I think the BOE will do a token 0.25% rise before then just to reassure people that they are still in control.

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IMO the only reason rates will rise is if the bond markets demand it.

There appears little pressure at the moment, esp. with Europe up shit creek.

My guess is rates to stay at 0.5% until at least September.

Exactly. Inflation is what the Debt Doctor ordered and low interest rates is the medicine to effect the 'cure'.

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A swing in the votes yes. But they can't show that they are swinging one way or another because the Market will just pre empt them.

Yes, swing in the votes, that's what i meant.

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We used to have a poll every month until it became pointless. This is the first time for months that I feel there is any chance of IR rising. What do you think?

I don't think the MPC have the back bone to raise rates yet. They will be forced into it sooner or later. Within 6 months is my guess. Rates should already be back to 5% IMHO, whatever govt says about bedding in the 'recovery'. Savers are being fleeced, bankers are affording rediculous bonuses, inflation is rising and mortgage rates are not always as cheap as the IR suggests. Our balance of payments suggest this export led recovery is patchy at best, but would be all the better for lower house prices since wages need not rise for us all to start buying them again. The pain would, in the end be less, to get this fiasco of a house price boom brought to an end.

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10 INFLATION WILL BE LOWER IN 18 MONTHS

20 GOTO 10

you forgot to put the "" thingys in, i dont think that will work

but im sure some of the it gurus on here can confirm that, personally my IT knowledge stops with the on button

Edited by Tamara De Lempicka

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For some reason they stick to 25 points now, back in the good old days;

1982

19 Jan 14.2500 -0.0625%

20 Jan 14.1250 -0.1250%

21 Jan 14.0000 -0.1250%

22 Jan 13.8750 -0.1250%

22 Feb 13.8125 -0.0625%

25 Feb 13.6250 -0.1875%

I think they have no idea what they are doing and just rely on ratings agencies and the markets

to tell them.

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For some reason they stick to 25 points now, back in the good old days;

1982

19 Jan 14.2500 -0.0625%

20 Jan 14.1250 -0.1250%

21 Jan 14.0000 -0.1250%

22 Jan 13.8750 -0.1250%

22 Feb 13.8125 -0.0625%

25 Feb 13.6250 -0.1875%

I think they have no idea what they are doing and just rely on ratings agencies and the markets

to tell them.

Some kind of predecimal hangover?

In japan they seem to add lots of numbers on the end.

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you forgot to put the "" thingys in, i dont think that will work

but im sure some of the it gurus on here can confirm that, personally my IT knowledge stops with the on button

Quite correct

The good olde C64 ;)

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Inflation hasn't robbed people of all their wealth yet. When that happens, THEN interest rates will rise in a bitter twist of irony. They think inflation will cool in the year end anyway.

Aso. They have raised rates to cool a booming economy. We're not booming.

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  • 312 Brexit, House prices and Summer 2020

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      • down 5% +
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