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

Interest Rate Cut - February?

Recommended Posts

Interest rate cuts?

Economists said reports of a pick-up in wages and prices charged by services firms last month meant the odds on lower borrowing cos t s had lengthened.

Malcolm Barr, a JP Morgan economist, said attention would now focus on whether Steven Nickell would continue to separate himself from colleagues on the monetary policy committee of the Bank of England by voting again for a rate cut next week.

Barr said: "Our view prior to this morning's data was that the odds on a February rate cut were 60-40 against - this morning's release makes that look more like 75-25."

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 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%



×
×
  • Create New...

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.