Realistbear Report post Posted April 6, 2006 http://uk.biz.yahoo.com/06042006/323/bank-...50-percent.html Sorry if already posted Quote Share this post Link to post Share on other sites
munimula Report post Posted April 6, 2006 They may aswell decide the rates at the beginning of each year and go on holiday Why do economists all think that the next IR move is down? Inflation is at the top of target and there is a lot more inflation to filter through yet due to recent energy and fuel price increases. Quote Share this post Link to post Share on other sites
Realistbear Report post Posted April 6, 2006 They may aswell decide the rates at the beginning of each year and go on holiday Why do economists all think that the next IR move is down? Inflation is at the top of target and there is a lot more inflation to filter through yet due to recent energy and fuel price increases. True. But the government in the Spirit of "Sir Humphrey" are busy deciding what to throw out so that anything that might suggest inflation is above 2% is eliminated (especially the TV license recently removed due to the expected 25% increase for digital broadcasts). As the pound sinks and imports rise the task becomes more difficult so they will have to make sure that the basket contains rapidly depreciating items such as cheap Chinese electronics and cotton clothing from Bangladesh etc. Chicken might be a good food item with Bird Flu knocking prices as everyone stocks up on pork, lamb and beef. Quote Share this post Link to post Share on other sites
