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Realistbear

E C B Toying With .50% I R Hike

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http://uk.biz.yahoo.com/12052006/244/bold-move-ecb.html

How Bold a Move from the ECB?

By Natascha Gewaltig

Recent European Central Bank [ECB] comments indicate not only that a June rate hike is a done deal, but that
at least some council members are toying with the idea of a bold 50 basis point move
. While the ECB has remained tight-lipped on the issue of the recent euro appreciation, central bankers are likely keeping a close eye on the exchange rate. The implicit monetary tightening from a stronger euro, and the fact that the euro advance seems to be driven at least partially by interest rate differentials, would speak against a 50 basis point hike.

:blink:

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:lol::lol: Excellent

'Robopaddy' is From David McWilliams' book, The Pope's Children, FYI.

The correct answer is 'buy now before rates go up!!'

.5% on a smallish 300K mortgage is Eur125 per month. Bit of a hike that.

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Inflation in Ireland rises to 3-year high

http://www.businessweek.com/ap/financialne...me_down&chan=db

Inflation rose from February's 3.3 percent figure due to rising property, utilities and vehicle fuel costs in this rapidly growing economy. Housing and energy costs rose by 12.4 percent annually, transportation costs by 5.4 percent, health care by 4.7 percent and education by 4.6 percent.

The fourth consecutive monthly rise surprised many economists.

If the interest rates don't get you, inflation will.

But why can't we have both? :blink:

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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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