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OLDFTB

Next Mpc Rate Decision

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I'm chancing my arm a bit but here goes:

These are the possible outcomes-

1 0.25% Up

2 Stays the same

3 0.25% Down

I'll know this time Thurs night if i was right.

Hope thats helpful!

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this is probably wishful thinking,but what if gordons stooges on the MPC did the ultimate hijack and voted for a RISE!!!!!!

wouldn't that just make you cream yourself?!!!

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I once heard some hot-shot analyst talking about the value of a currency, saying that, "it could go up against the dollar, or alternatively the dollar might go up, but it would most likely stay about the same."

Amazing that people like that actually get given the airtime.

Anyway, back to rates, they're staying right where they are at 4.5%.

Or I'll eat the rest of Kirsty's hat.

Edited by BandWagon

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I guess a hold ... after all the BBC are reporting that tonight to it must be true! *sic*

!http://news.bbc.co.uk/1/hi/business/4507302.stm

But Reuters is offering both sides of the argument

"But the chances of any move coming in the early months of 2006 have dwindled following comments from policymakers that they are worried workers will demand higher pay in the new year wage round to make up for higher inflation."

vs.

"Futures markets, meanwhile, are starting to price in rate rises next year as strategists argue that BoE policymakers will be more concerned about keeping inflationary pressures down like their colleagues in the U.S. and the euro zone. "

Who knows - guess it's just a waiting game for the next couple of months!

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Okay, honestly I don't fully understand IR's on the global scale.

I do have knowledge of currency markets where IR's matter for investment returns.

I am aware that if the US IR's catch up with us we are i n trouble..

but do I want IR's to rise this week?

Part of me yes..

Part of me.. Well I might have an embolisim of joy..

so it could kill me

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so it could kill me

Apom, under these circumstances I assure you, you would be missed.

You know? I didn't even know there was an MPC decision due. This week seems to have been exciting, but I can't remember why... :P

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The pound is saying at all this morning. Shooting up like a good'un and taking out 1.744 $ per £ short term trading high. Clear implication : city thinks a cut is outta the question.

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What I think will happen in order of likelyness:-

1) Hold

2) Rise

3) Drop

What I personally think should happen? Rise of 0.25%

If people are binge borrowing, put a stop to it! If the pound is potentially weak against the dollar or at risk, put a stop to it. If inflation is above target, put a stop to it!!!

0.25% rise is the smart move

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I'm with CTT.

Hold until Feb 2006 seems likely.

Not because its what they should do, but because its the only option left to GB to massage public opinion.

I tihnk the next move has to be a rise, and it has to be as soon as possible. But I don't think GB would want this to happen until after xmas/new year sales. Then he won't be able to hold off any longer and will have to raise rates.

So Feb 2006 seems most likely to me.

Ahhhh. I forgot the MPC were independant and supposedly competent... that'll be 0.25% rise today then :lol:

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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