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Realistbear

Reuters: U K I R Not Seen Dropping Now Or Even Later

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http://today.reuters.co.uk/news/newsarticl...RITAIN-BANK.xml

BoE seen holding rates steady

Tue Mar 7, 2006 4:25 PM GMT

LONDON (Reuters) - Interest rates will almost certainly stay at 4.5 percent this week and economists are
no longer so sure the Bank of England will cut borrowing costs again in the next few months
.
All 40 analysts polled by Reuters last week predicted the central bank's Monetary Policy Committee would keep rates steady for the seventh month this Thursday. Many said slow economic growth will prompt another cut as soon as May.
But more news showing the economy picking up speed and house prices once again rising has got people thinking that the next rate move may well be up, even if not for some time.

Bearishness wins the day. TTRTRates.

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http://today.reuters.co.uk/news/newsarticl...RITAIN-BANK.xml

BoE seen holding rates steady

Tue Mar 7, 2006 4:25 PM GMT

LONDON (Reuters) - Interest rates will almost certainly stay at 4.5 percent this week and economists are
no longer so sure the Bank of England will cut borrowing costs again in the next few months
.
All 40 analysts polled by Reuters last week predicted the central bank's Monetary Policy Committee would keep rates steady for the seventh month this Thursday. Many said slow economic growth will prompt another cut as soon as May.
But more news showing
the economy picking up speed and house prices once again rising
has got people thinking that the next rate move may well be up, even if not for some time.

Bearishness wins the day. TTRTRates.

er is this why rates will go up?

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er is this why rates will go up?

The only people saying house prices are picking up are Rightmove and that story has been pinned. Nationwide say prices are falling and Halifax report is due Thursday. If they spin the stats upward again they may well shoot themselves in the foot and cause the BoE to hike rates. But that's okay! Either way they are boogered.

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http://today.reuters.co.uk/news/newsarticl...RITAIN-BANK.xml

BoE seen holding rates steady

Tue Mar 7, 2006 4:25 PM GMT

LONDON (Reuters) - Interest rates will almost certainly stay at 4.5 percent this week and economists are
no longer so sure the Bank of England will cut borrowing costs again in the next few months
.
All 40 analysts polled by Reuters last week predicted the central bank's Monetary Policy Committee would keep rates steady for the seventh month this Thursday. Many said slow economic growth will prompt another cut as soon as May.
But more news showing the economy picking up speed and house prices once again rising has got people thinking that the next rate move may well be up, even if not for some time.

Bearishness wins the day. TTRTRates.

Christ, you might as well just add a reuters newsfeed to the site and be done with it! ;)

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That's the inherit problem with spin. Do it too much and you'll end up feeling dizzy, and collapse in a heap...

The wires have been full of good news today. Something of a Teddy Bears picnic? I have a feeling its just going to get brighter and brighter from now on. We may need to organize a national HPCers dinner somewhere when its all over and have the business editor of the Telegrpah give an after dinner speech?

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  • 335 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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