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Realistbear

Bo E Should Begin Hiking In June -- N I E S

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http://freeserve.advfn.com/news_BoE-should...R_15386345.html

BoE should raise rates in June as economy continues to grow at trend - NIESR

LONDON (AFX) - The Bank of England should raise interest rates next month
given the UK economy's buoyant outlook and mounting cost pressures, a leading
independent
think-tank said today.
The National Institute of Economic and Social Research said the UK economy
continued to grow at its long-run average of 0.6 pct in the three months to
April from the previous three months.
"Given growth at its trend rate and the implications of a buoyant outlook
for cost pressures, our view remains that interest rates should be raised at the
next opportunity," said Martin Weale, NIESR's director.

:)

http://mdn.mainichi-msn.co.jp/business/new...0bu044000c.html

Japan think tanks growing wary of higher interest rates

Reflecting growing concern about a rise in Japanese long-term interest rates,
private think tanks now forecast higher interest rates for fiscal 2006 than before
, a survey by the Economic Planning Association showed Friday.
The average forecast of Japan's long-term interest rates among 37 institutes stood at 1.96 percent for fiscal 2006, up 0.1 percentage point from the previous survey last month, said the affiliate of the Cabinet Office.

This is when things will get really interesting. IR have already moved up in the UK and our creditor has yet to begin official hikes (Private Jap banks moved on 20th January and the effect in the UK was almost immediate with savings rates beginning to drop and mortgage rates rising--slightly.).

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I think the BoE would want at least one more month of warnings before they actually raised rates. So if they do go up I don't expect that before July.

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http://www.housepricecrash.co.uk/forum/ind...showtopic=29822

Tried to draw attention this earlier.

Looks like rate rises may be faster than we'd hoped for.

It might be a case of if you don't look at it, it will go away :)

Gordon will fight any rises tooth and nail if he is No. 10 bound anytime soon. HPI and MEW have kept his Miracle Economy going and he is probably astute enough to know that higher IR will pop the bubble. After all, low IR blew the bubble up.

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It might be a case of if you don't look at it, it will go away :)

Gordon will fight any rises tooth and nail if he is No. 10 bound anytime soon. HPI and MEW have kept his Miracle Economy going and he is probably astute enough to know that higher IR will pop the bubble. After all, low IR blew the bubble up.

It is an interesting thought - would interest rates be where they are today if GB wasn't destined for No. 10

Call me cynical but I think they would be higher.

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You can still get 11.5 to 1 on Betfair on a quarter point rise in June. This has to be worth a punt.

I got 13s a couple of days ago, so thought a £10 on it wouldnt go amiss.

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It is an interesting thought - would interest rates be where they are today if GB wasn't destined for No. 10

Call me cynical but I think they would be higher.

Gordon, willing to sacrifice many to the slaughter of negative equity just to cement his position into No10?

Never....

to bin the economy of a country so that he could get a job..

Sounds about the correct moral level of a senior politician..

Stupid people get the government and press that they deserve.

The English are dumb as sh*t..

"borrow all this money and you will be rich"

works here!

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  • 339 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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