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I Told You So

50 Year Uk/us Interest Rate Graph

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That graph makes for interesting reading. Will the MPC ignore its remit to tackle inflation and raise interest rates tomorrow? Possibly on the basis that a weakening pound against the dollar will bring inlfation in the future?

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That graph makes for interesting reading. Will the MPC ignore its remit to tackle inflation and raise interest rates tomorrow? Possibly on the basis that a weakening pound against the dollar will bring inlfation in the future?

The markets seem to see a hold. If they raised it would be a bit of a shock.

http://today.reuters.co.uk/investing/finan...ERLING-OPEN.XML

http://www.themovechannel.com/News/2006/February/7d.asp

They seem to be getting nervous about the future policy of the BoE:

Over the past two trading sessions, the pound lost over 300 points against the greenback as the market perceived divergent interest rate policies in the near future from the Fed and the BOE.

http://www.dailyfx.com/story/dailyfx_finan...html?engine=rss

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Looking at the spread betting market there also seems to be a concensus that there will be another hold.

Not what I'd hoped for.

I thought 'big gay Al' Greenspan would have had a word with GB about raising rates by now. :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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