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What if they have had an advanced look at the CPI figures which they do every month, but this time its leapt and they slot in a shock 0.25 hike.

Stanger things have happened <_<

Nope - Gordon has told them there is no need to change and that now that MP3 players and champagne (which escaped a duty increase in the budget!) are in the CPI basket inflation will be kept under control

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Interesting article in the Telegraph business section today. Manufacturing AND service sector doing worse than anticipated. Economic growth now below target and therefore "not clear whether next rate move will be up or down".

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Guest Guy_Montag

Interesting article in the Telegraph business section today. Manufacturing AND service sector doing worse than anticipated. Economic growth now below target and therefore "not clear whether next rate move will be up or down".

Stagflation here we come - time to whack up interest rates & drop taxes. :P

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Stagflation here we come - time to whack up interest rates & drop taxes. :P

Normal cure for stagflation is to drop interest rates several points below natural level. Inflation is perceived to be less of an evil than deflation. Not sure how anyone defines "natural level" as to me this now is also a variable dependant on global picture.

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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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