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gruffydd

Commerzbank Predicts Interest Rate Rise

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"There are some indications that the worst of the slowdown may be over," said Peter Dixon at Commerzbank in London.

"By early 2007 there is a strong possibility that the Monetary Policy Committee will be in a position to start raising rates once more."

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"There are some indications that the worst of the slowdown may be over," said Peter Dixon at Commerzbank in London.

"By early 2007 there is a strong possibility that the Monetary Policy Committee will be in a position to start raising rates once more."

I have to say I can't see the UK economy heading anywhere except further into the mire. In which case, IRs will be staying low for a long time. 'Worst of the slowdown may be over' !!! - it hasn't started yet. I don't think these dipsticks have noticed the daily lists of redundancies.

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But because the BoE didn't raise rates long ago to curb inflation, they have no room to drop rates even if the economy is in the crap. We're importing inflation more than creating it locally.

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I have to say I can't see the UK economy heading anywhere except further into the mire. In which case, IRs will be staying low for a long time. 'Worst of the slowdown may be over' !!! - it hasn't started yet. I don't think these dipsticks have noticed the daily lists of redundancies.

I actually think their is a strong possibility of the FTSE hitting an all time high, coupled with the world cup feel good factor I beleive we could see IRs it 5% then timber.........................

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I actually think their is a strong possibility of the FTSE hitting an all time high, coupled with the world cup feel good factor I beleive we could see IRs it 5% then timber.........................

World cup...hmmmmm just think of all those extra bbqs, beer, taxis, takeaways, shirts, etc etc

inflation here we go ;)

Edit: If the cricket from last year stopped high street spending, then surely the world cup can create inflation ;););)

Edited by OzzMosiz

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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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