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LittleBear

Pound Doing Fine

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3 months ago is about the time the markets priced in a 4.75 - 5% rate at the fed.

Today Bernanke seemed to hint he may take it higher maybe 5 - 5.5%

The markets will begin to price this in over the next couple of weeks.

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All this talk about the pound falling through the fall is pure speculation and a load of nonsense.

Spot on – there has been no difference that I can see from when they said there would be a cut – to now when they say that the rates will stay as they are. The pound has been very stable for the last 3 months. Even if it did drop massively to 1.5 it would only add about 15% to inflation

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:unsure: That's higher than it is now - hardly a slapping !

oops. my bad.

I always look at it the other way round - 0.58 to 0.59 is what I was trying to convert into the 'standard' way round. Sorry Wrongers! have a nice one.

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Guest wrongmove

oops. my bad.

I always look at it the other way round - 0.58 to 0.59 is what I was trying to convert into the 'standard' way round. Sorry Wrongers! have a nice one.

No need to apologise :P Have a nice one too !

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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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