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The Masked Tulip

Sky News - Boe Say Irs To Start Rising In Spring Of 2015

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Martin Wheel(?) of BOE says IRs to begin rising next spring with the following rises to.be gradual.

Sky News leading with this and talking about mortgages.

Edit:

Admits QE has caused inequality with some people becoming rich.

Edited by The Masked Tulip

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Martin Wheel of BOE says IRs to begin rising next spring with the following rises to.be gradual.

Sky News leading with this and talking about mortgages.

Getting into the MSM the idea.

not sure on the message though, is it "fill your boots now, and fix for 5 years, as if you leave it a year you will not be able to/it will be more expensive"

which political party is he Aligned to?

Edited by Monkey

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What, just before the election? No chance.

More like we will be told spring for the next 12 months, then at the last minute "saved" by some more forward "feel-good" guidance in time for Polling day

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Martin Wheel(?) of BOE says IRs to begin rising next spring with the following rises to.be gradual.

Sky News leading with this and talking about mortgages.

Edit:

Admits QE has caused inequality with some people becoming rich.

Martin 'Loose' Wheal admits QE has caused inequality with some people financial criminals and property speculators becoming even richer.

.

Edited by zugzwang

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Martin Wheel(?) of BOE says IRs to begin rising next spring with the following rises to.be gradual.

Sky News leading with this and talking about mortgages.

Edit:

Admits QE has caused inequality with some people becoming rich.

Another May 2015 carrot so another section of the electorate can say "look, it's going to get better for us in the future".

Edited by LiveinHope

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Another May 2015 carrot so another section of the electorate can say "look, it's going to get better for us in the future".

A cynic would think that they'll carefully time a rate rise such that savers will see the benefits before the housing market collapses.

That gives them about a 30 day window..

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Martin Wheel(?) of BOE says IRs to begin rising next spring with the following rises to.be gradual.

Sky News leading with this and talking about mortgages.

Edit:

Admits QE has caused inequality with some people becoming rich.

I seem to remember them saying they'd rise in 2009, 2010, 2012, 2013 and 2014.

I seem to remember them saying....they are happy getting rich and f**k the savers and the poor. ( i might have made that one up )

What makes them think, based on their years of catastrophic predictions and mishandling of the economy ( for their banker friends benefit ) that they know what will be happening in 2015.

This is just B.S. to stop people protesting if you ask me. if they are that concerned about " inequality with some people becoming rich" do something about it today, not after they have enriched themselevs even more then run off with the money. The only time the BoE will put up rates is when they are forced to.

Believe what they do, not what they say.

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A cynic would think that they'll carefully time a rate rise such that savers will see the benefits before the housing market collapses.

That gives them about a 30 day window..

I think that is exactly what will happen.

Osborne's speech in Hong Kong yesterday shows they are masters of PR (for the majority).

Edited by LiveinHope

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Getting into the MSM the idea.

not sure on the message though, is it "fill your boots now, and fix for 5 years, as if you leave it a year you will not be able to/it will be more expensive"

which political party is he Aligned to?

The party of Conservabourdem...the bankers party...the party that just never ends.

Edited by TheCountOfNowhere

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Difficult .... savers' are very angry at being robbed so a rate rise may win some votes, mortgage holders are very happy with low rates and a rate rise may lose some votes. Perhaps a small rise will please both lots to some extent or it could of course make both lots very angry. Not a large enough rise for savers and too large a rise for mortgage holders.

And of course, seeing that the eventual rate rises will be largely out of the control of UK PTB, it always helps for them to pretend that they have some control? Don`t know how many sheeple are buying this nonsense any more to be honest.

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The party of Conservabourdem...the bankers party...the party that just never ends.

Least we get a change of Directors sometimes. Shame we can't organise a hostile takeover.

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Reaction to Taper.

Gives them breathing space to see how that develops without being left holding the baby and sterling becoming a goat rodeo. Unlike King, someone at BoE wants sterling strength?

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Can remember the truly eye watering amounts of interest rates I used to pay on mortgages back in the 80's. Back then they were the 'hard medicine' to fix the economy! Or so the Tories told us.

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I think many still do believe that Carney controls interest rates as Merv was able to drop them to 0.5% years ago and Carney has said he will not raise them for years ... that and they are not making any more land, renting is dead money etc.

They will get a scare when "he" suddenly starts raising them then :lol:, he might have to stop travelling by tube at that point?

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They will get a scare when "he" suddenly starts raising them then :lol:, he might have to stop travelling by tube at that point?

He won't have a choice. London Underground will be out on strike making sure they're first in line for the inflationary pay rises.

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I think many still do believe that Carney controls interest rates as Merv was able to drop them to 0.5% years ago and Carney has said he will not raise them for years ... that and they are not making any more land, renting is dead money etc.

Merv didn't drop the interest rates, the U.S. did and he followed.

When the US raise their rates they will be forced to raise the rates.

If the pensioners/young/savers/hungry take to the streets they will raise the interest rates.

It looks like for most people on here that these people are just bare faced liars there to control/profit the government and bankers. This "independent body" is only independent from the people of the country that it should be there to serve.

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A cynic would think that they'll carefully time a rate rise such that savers will see the benefits before the housing market collapses.

That gives them about a 30 day window..

I think that is what they will do, a small rise just before the GE in order to bring savers onside but before monthly mortgage payments rise and start affecting borrowers.

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I think many still do believe that Carney controls interest rates as Merv was able to drop them to 0.5% years ago and Carney has said he will not raise them for years ... that and they are not making any more land, renting is dead money etc.

Historically the link between base rate and gilt rates is pretty strong

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Edited by terryturbojr

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