Jump to content
House Price Crash Forum
Sign in to follow this  
spyguy

Rates To Rise At Start Of 2015

Recommended Posts

Some more links

http://

www.businessweek.com/news/2014-09-09/carney-says-u-dot-k-dot-rate-to-rise-by-spring-2015-as-wages-recover

http://

www.bloomberg.com/news/2014-09-09/carney-says-u-k-rate-to-rise-by-spring-2015-as-wages-recover.html

http://

www.

cityam.com/1410260585/2014-rate-hike-talk-over-mark-carney-expects-spring-2015-rate-rise

The bloke on the bloomberg video talks about "delicate delicate steps" as he points to a massive spike on a chart.

Ham-fisted steps more like.

Edited by billybong

Share this post


Link to post
Share on other sites

What's the liar banker in charge forward manipulation testiculating about today?

Inflation? Salaries? Too little new debt? Govt not having taking took little crud off the banks balance sheets? Productivity gap? Spare capacity in the economy?

BOE rate = FED rate, one equation that would replace the lot and get rid of a load of paid up hangers on costing millions.

Share this post


Link to post
Share on other sites

Rates to rise in spring 2015 as election happens.

Exactly, BOE will rise interest rates by 0.25% in April to prove that the NASTY parties 'recovery' is locked in and that Dave's plan is working.

Share this post


Link to post
Share on other sites

I may read his speech later. Where are the wage increases going to come from as reported that the labour supply has increased (immigration, increase women in workforce, working towards retirement). I guess there must be a limit to how many can get into the workforce. Or it's at the low skill end and at the skilled end there is less capacity.

Share this post


Link to post
Share on other sites

At the trades union gathering this morning, didn't Carney say something like, and I'm working from memory here, "If we need to raise rates, or indeed lower them, because of some event such as an election, we will do just that".

Share this post


Link to post
Share on other sites

At the trades union gathering this morning, didn't Carney say something like, and I'm working from memory here, "If we need to raise rates, or indeed lower them, because of some event such as an election, we will do just that".

This giant of finance would only use genius phrases such as "forward guidance" as he is all knowing, so it doesn't sound like its from the tongue of this economic titan. What you've wrote would actually be straight talking and being as he thinks he is a politician would be beneath him.

But as he seems a bit schizo and changes his mind every few days he may well have dropped his guard and let slip the truth.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   224 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.