Lepista Posted September 8, 2011 Share Posted September 8, 2011 ...is HOLD at 0.5%, no QE. Quelle surprise. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted September 8, 2011 Share Posted September 8, 2011 Luckily wage inflation isn't out of control. Quote Link to comment Share on other sites More sharing options...
kenzdawg Posted September 8, 2011 Share Posted September 8, 2011 I have noticed a few what-I-want-for-Christmas hints in the media from politicians and bankers about more qe. The mood music is definitely changing in favour of it, time to plan an exit from sterling I think. Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted September 8, 2011 Share Posted September 8, 2011 No change for ECB either. Quote Link to comment Share on other sites More sharing options...
Dorkins Posted September 8, 2011 Share Posted September 8, 2011 I am a little surprised. I just thought they might announce more qe. But more likely perhaps they'll wait 2-3 months until inflation yoy has quietened down a bit (i.e. frozen at a permanently higher level of prices!) and the clamour for more printing grows deafening as the economy weakens in the absence of articial stimulus. I doubt it. I think the central bankers of the world are waiting for the next financial crisis, and when it comes they will announce 'globally coordinated' QE. This would lend them credibility (as everybody is doing the same), and might also prevent embarrassing shifts in exchange rates between fiat currencies (which for some reason is still used by most economists to measure whether a currency is 'strong' or 'weak'). When developed nation fiat goes, it's all going to go at once. Even the Swiss are hopping on board. Quote Link to comment Share on other sites More sharing options...
'Bart' Posted September 8, 2011 Share Posted September 8, 2011 ...is HOLD at 0.5%. Damn, damn, damn. I really thought this might be the month.* * OK, I didn't really. Quote Link to comment Share on other sites More sharing options...
jonboy2010 Posted September 8, 2011 Share Posted September 8, 2011 YAWN Quote Link to comment Share on other sites More sharing options...
John The Pessimist Posted September 8, 2011 Share Posted September 8, 2011 No change for ECB either. Why would they? In the basket case that is Ireland CPI is at a staggering 2.2% http://www.irishtimes.com/newspaper/breaking/2011/0908/breaking20.html Quote Link to comment Share on other sites More sharing options...
Stay Beautiful Posted September 8, 2011 Share Posted September 8, 2011 Maybe its time to rename, No Interest rate Lack Of Interest rate Interest Wearing Thin rate Quote Link to comment Share on other sites More sharing options...
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