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Interest Rate Rise A 'pre-emptive Strike' Australia

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Interest rates around the world are being "forced" up, this rise was the first of many, it is too small to pre-emt anything.

UK interest rates may stay the same for the next 6 months due to domestic political pressure, but over the next 4 years may reach 7% or 8%

note my us of the word may

2nd may more probable than 1st

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This article has some interesting points. The AUS government claims that a rate rise now will mean less pain for home-owners in the long run as if inflation is allowed to build more rate rises will be necessary later. What does this mean for the UK, which seems to be alone among similar countries in not raising rates? Is this yet another case of the UK government (whichever party is in power) refusing to address a problem quickly, making the problem much worse in the long run?

Billy Shears

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I also read somewhere a while back that Australia would raise interest rates now, but lower them again by the same amount at the end of the year. I'll see if I can find it again.

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This article has some interesting points. The AUS government claims that a rate rise now will mean less pain for home-owners in the long run as if inflation is allowed to build more rate rises will be necessary later.

That's the thing about inflation, ignore it and it will eventually be 10 times worse, however the BoE are a bunch of pussies that would rather hide under the sheets than bite the bullet.

You cannot hide inflation, look at gold.

Edited by BuyingBear

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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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