inflating Posted August 31, 2011 Share Posted August 31, 2011 http://news.sky.com/home/uk-news/media-gallery/16060364# No link as yet, expert views await us Quote Link to comment Share on other sites More sharing options...
ken_ichikawa Posted August 31, 2011 Share Posted August 31, 2011 They are already negative (with QE). So what now - 200000% printyprinty Quote Link to comment Share on other sites More sharing options...
thecrashingisles Posted August 31, 2011 Share Posted August 31, 2011 Sarah O'Grady strikes again. http://www.express.co.uk/posts/view/268479 Quote Link to comment Share on other sites More sharing options...
NEO72 Posted August 31, 2011 Share Posted August 31, 2011 If the express get the nationwide figures under embargo, I predict a neg tomorrow. Quote Link to comment Share on other sites More sharing options...
payback period Posted August 31, 2011 Share Posted August 31, 2011 Interest rates scrapped? Is the BoE going to adopt Islamic finance? It they did, it would be for interbank loans and not personal and business customers I suspect. Express article mentions rate reduction to 0.25%. Presumably intended to increase iPad sales but going on past trends, we'll probably see mainly debt repayment. Quote Link to comment Share on other sites More sharing options...
XswampyX Posted August 31, 2011 Share Posted August 31, 2011 http://uk.reuters.com/article/2011/08/31/uk-boe-rates-poll-idUKLNE77U04420110831 None of the economists polled said the bank would raise them on September 8 -- or indeed before the end of the year. In a poll taken ahead of August's meeting 14 of 62 saw a rise by year-end and one of them now sees a cut to 0.25 percent next quarter. Quote Link to comment Share on other sites More sharing options...
Riedquat Posted September 1, 2011 Share Posted September 1, 2011 "but big blow for savers" is on there - is even the Express finding it unconvincing trying to spin this nonsense to try to make it sound entirely good? Quote Link to comment Share on other sites More sharing options...
'Bart' Posted September 1, 2011 Share Posted September 1, 2011 add it to the graphic. I'm going to need a bigger monitor for that before long. Quote Link to comment Share on other sites More sharing options...
Pent Up Posted September 1, 2011 Share Posted September 1, 2011 They won't drop rates to 0.25% there's no point. If they do anything it will be printing. Quote Link to comment Share on other sites More sharing options...
Guest_Bosworth_* Posted September 1, 2011 Share Posted September 1, 2011 The final hurrah to encourage the last few suckers into the Market... Quote Link to comment Share on other sites More sharing options...
Jack's Creation Posted September 1, 2011 Share Posted September 1, 2011 I'm going to need a bigger monitor for that before long. It's sad, but I actually want that set up. Quote Link to comment Share on other sites More sharing options...
Errol Posted September 1, 2011 Share Posted September 1, 2011 Say adios to the pound .... Quote Link to comment Share on other sites More sharing options...
inflating Posted September 1, 2011 Author Share Posted September 1, 2011 (edited) The Nationwide figure showing the drop in house prices today - will that statistic find a prominent position on the front page or prominently inside the newspaper? If by some miracle it does, it's going to alert readers to the accidentally comic nature of the Express on increasing occasion, and the rest is obvious Edited September 1, 2011 by inflating Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted September 1, 2011 Share Posted September 1, 2011 HOMEOWNERS DELIGHTED.01.09.11, 12:52am Yes, I can confirm that right now. This has been a blessing for us. Long may it continue. Brave and clever banking. • Posted by: Sibley • Report Comment Quote Link to comment Share on other sites More sharing options...
MrFlibble Posted September 1, 2011 Share Posted September 1, 2011 Why not just pay people to borrow money with negative interest rates? If so can I have my couple of million? There is something shiny and yellow I quite fancy. Also can I have a 'no lose guarantee' like the banksters get so if my speculative punt doesn't pan out I lose nothing? Just asking is all Quote Link to comment Share on other sites More sharing options...
hedgefunded Posted September 1, 2011 Share Posted September 1, 2011 It's sad, but I actually want that set up. I use a 24" and 19" Dell side by side. Nothing makes working on a PC easier than extra screen space. Quote Link to comment Share on other sites More sharing options...
tomandlu Posted September 1, 2011 Share Posted September 1, 2011 It's sad, but I actually want that set up. Tried a variant, but I kept losing track of where my mouse was... Quote Link to comment Share on other sites More sharing options...
NEO72 Posted September 1, 2011 Share Posted September 1, 2011 If the express get the nationwide figures under embargo, I predict a neg tomorrow. The Daily Express - the new leading indicator Quote Link to comment Share on other sites More sharing options...
rantnrave Posted September 1, 2011 Share Posted September 1, 2011 Tried a variant, but I kept losing track of where my mouse was... Leave some cheese out overnight and see if takes a byte. Quote Link to comment Share on other sites More sharing options...
lurker07 Posted September 1, 2011 Share Posted September 1, 2011 Why would interest rates have any effect on homeowners? Quote Link to comment Share on other sites More sharing options...
winkie Posted September 1, 2011 Share Posted September 1, 2011 Why would interest rates have any effect on homeowners? Quite.....it won't stop the value of their property falling......everything is going down (the pan). Quote Link to comment Share on other sites More sharing options...
fluffy666 Posted September 1, 2011 Share Posted September 1, 2011 They won't drop rates to 0.25% there's no point. If they do anything it will be printing. I'm claiming first prediction of this on one of the previous IR threads. Quote Link to comment Share on other sites More sharing options...
Gerinako Posted September 1, 2011 Share Posted September 1, 2011 I am glad intrest rates will stay low. Not from any personal reason its just best for the economy and the recovery. Those that have savings should really start to spend them. Thats what we need to happen. The more people spend the more likely we will come out of recession. No need to sit on savings that are providing little intrest, spend all you can now. If you think you need a new central heating boiler soon. Buy it now. Getting fed up of your present car? (most are rubbish anyhow these days) get a better one. Buy someone a present. Go on that holiday you need (preferably in the UK) buy a new TV. change your carpets.Its got to be done sooon. Do some decorating now and buy a new sofa etc etc. Dont put it off spend now. So instead of sitting back moaning about low intrest rates. Get out to the shops. You will do us all a favour. You only live once.. I can't tell if that comment is a joke or not? But First time buyers need to save new record high deposits to get on the market. Yet we're being encouraged to spend it all instead of saving by low interest rates. Confuzzled.... Quote Link to comment Share on other sites More sharing options...
bendy Posted September 1, 2011 Share Posted September 1, 2011 So Mr Bendy you want to borrow £200k over 25 years you do realise that the monthly repayments on that will be (taps calculator), £666 a month. i'm all for scrapping interest rates entirely. Quote Link to comment Share on other sites More sharing options...
'Bart' Posted September 1, 2011 Share Posted September 1, 2011 i'm all for scrapping interest rates entirely. Why not just scrap money altogether, ala. Star Trek. Let's work to "better ourselves and the rest of humanity". Quote Link to comment Share on other sites More sharing options...
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