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Realistbear

B O E Votes: No To A Rate Cut

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http://investing.reuters.co.uk/news/newsAr...BOE-MINUTES.xml

But most MPC members still saw upside risks to prices stemming from higher energy costs, and noted that people's inflation expectations had picked up in recent surveys and would need to be monitored carefully.
Oil prices have kept rising since the MPC meeting a fortnight ago and hit a record high on Tuesday which may put further pressure on inflation in the months to come.
Some MPC members also noted that higher energy prices increased the risk of overestimating the economy's supply capacity.

Inflation anybody?

Edited by Realistbear

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http://investing.reuters.co.uk/news/newsAr...BOE-MINUTES.xml

But most MPC members still saw upside risks to prices stemming from higher energy costs, and noted that people's inflation expectations had picked up in recent surveys and would need to be monitored carefully.
Oil prices have kept rising since the MPC meeting a fortnight ago and hit a record high on Tuesday which may put further pressure on inflation in the months to come.
Some MPC members also noted that higher energy prices increased the risk of overestimating the economy's supply capacity.

Inflation anybody?

Or you could say (with possibly greater accuracy) "MPC votes no to a rate rise"

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Or you could say (with possibly greater accuracy) "MPC votes no to a rate rise"

Or you could cut the crap (with possibly even greater accuracy) "MPC votes to keep rates unchanged"

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Spin, spin and more spin. Apart from your title 'MPC votes No to a rate cut' which could just as easily have been 'MPC votes NO to a RATE RISE' you are, as always, selective in your extracts.

Here is a bit more.

"The international economy, meanwhile, had continued to grow strongly and there had been little impact on financial markets from the recent bout of monetary tightening in other parts of the world.

Nor did the MPC appear to think the UK housing market was about to slow down as some commentators have predicted."

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Spin, spin and more spin. Apart from your title 'MPC votes No to a rate cut' which could just as easily have been 'MPC votes NO to a RATE RISE' you are, as always, selective in your extracts.

Here is a bit more.

"The international economy, meanwhile, had continued to grow strongly and there had been little impact on financial markets from the recent bout of monetary tightening in other parts of the world.

Nor did the MPC appear to think the UK housing market was about to slow down as some commentators have predicted."

RB's brand of bearness is certainly unique even on this forum.

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Or, how about: "BoE indecisive?"

Or, "BoE sits on the fence."

"BoE frozen." "BoE caught like a deer in the headlights."

Or, possibly the most accurate "BoE concerns about inflation leads to a no vote on rate cut." Yes, I think I like that one the best.

Any other variations on the theme?

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Or, how about: "BoE indecisive?"

Or, "BoE sits on the fence."

"BoE frozen." "BoE caught like a deer in the headlights."

Or, possibly the most accurate "BoE concerns about inflation leads to a no vote on rate cut." Yes, I think I like that one the best.

Any other variations on the theme?

Most accurate would IMHO

"MPC leans towards rate cut"

After all the vote was 1 to cut and 7 to hold rates.

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http://investing.reuters.co.uk/news/newsAr...BOE-MINUTES.xml

But most MPC members still saw upside risks to prices stemming from higher energy costs, and noted that people's inflation expectations had picked up in recent surveys and would need to be monitored carefully.
Oil prices have kept rising since the MPC meeting a fortnight ago and hit a record high on Tuesday which may put further pressure on inflation in the months to come.
Some MPC members also noted that higher energy prices increased the risk of overestimating the economy's supply capacity.

Inflation anybody?

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post-1012-1145440678.jpg

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"MPC leans towards rate cut"

After all the vote was 1 to cut and 7 to hold rates.

Only the retard voted for a cut (when has he ever _not_ voted for a cut?), and he's out very soon.

Edited by MarkG

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RB's brand of bearness is certainly unique even on this forum.

If you believe something with enough faith, and are blind to contrary evidence, your beliefs become self-fulfillingly true. Amen.

Edited by BoredTrainBuilder

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Only the retard voted for a cut (when has he ever _not_ voted for a cut?), and he's out very soon.

Ahh, very well thought out, I suspect his understanding of economics is far in excess of yours, so calling him a retard really says very little for you does it?

He has voted 9 times to increase rates (and been in the minority)

22 times to reduce, and 41 times to maintain

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Ahh, very well thought out, I suspect his understanding of economics is far in excess of yours, so calling him a retard really says very little for you does it?

He has voted 9 times to increase rates (and been in the minority)

22 times to reduce, and 41 times to maintain

Ok - how about Muppet?

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I suspect his understanding of economics is far in excess of yours

I very much doubt that. In particular, most economists these days are Keynsians, which pretty much makes them idiots by definition.

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Or, how about: "BoE indecisive?"

Or, "BoE sits on the fence."

"BoE frozen." "BoE caught like a deer in the headlights."

Or, possibly the most accurate "BoE concerns about inflation leads to a no vote on rate cut." Yes, I think I like that one the best.

Any other variations on the theme?

Another example of RealistBears bizarre state of mind - he just can't rationalise anything other than a negative mindset. This man would be extremely dangerous if he had a gun.

The simple and sane explanation that there is no need for the BoE to do anything, because IRs are at the right level, just completely escapes the guy.

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Another example of RealistBears bizarre state of mind - he just can't rationalise anything other than a negative mindset. This man would be extremely dangerous if he had a gun.

The simple and sane explanation that there is no need for the BoE to do anything, because IRs are at the right level, just completely escapes the guy.

So I guess ImUpNorth is calling no upward interest movements. :P

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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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