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Chances Of June Rate Hike Virtually 50-50

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Chances of June rate hike virtually 50-50

NEW YORK (AFX) -- The fed fund futures market is pricing in virtually 50-50

chance of a 0.25 percentage-point interest rate hike following the Federal

Reserve's next policy setting meeting at the end of June. The odds declined

after the U.S. Commerce Department said real disposable incomes fell 0.1% in

April, with a 0.5% increase in consumer prices wiping out a 0.5% gain in

personal incomes. July fed futures were last up 0.01 at 94.87, which implies an

overnight rate of 5.13%, or a 52% chance of a quarter-point rate hike, vs. a 56%

chance on Thursday.

This story was supplied by MarketWatch. For further information see

www.marketwatch.com.

http://freeserve.advfn.com/news_Chances-of...0_15587409.html

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I wish we could say the same about rates here. It will be a few months before our feeble MPC ups rates.

It's coming. Both UK and AUS are starting to worry about inflation.

http://www.in2perspective.com/nr/2006/05/-...ermanently-.jsp

"While I believe central banks will continue to control inflation over the years ahead, this does require short-term rates to move," Stevens said in speech notes prepared for the Securities & Derivatives Industry Association Conference in Melbourne.

"They cannot stay low and steady permanently."

We all have to remember that interest rates are at historically low values.

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But the thing is the BofE is independent, and they are charged with managing a miracle economy.

When it comes to miracles, you can do anything!!!

Whilst the entire world has upward pressure on rates, the miracle economy announces rate reductions!!.

Does anyone actually believe that Gordon and Tony dont tell the BofE what to do, are we really to believe that they are totally on the same wavelenght without any phone calls or meetings?.

I for one dont, cash for peerages!!! I am sure they could fix the Bank of England, just like the BBC.

"Do as I say if you want to keep your jobs"

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It's coming. Both UK and AUS are starting to worry about inflation.

Funny how CB's 'worry' about inflation when it suits their own agenda, not that of the ordinary people.

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But the thing is the BofE is independent, and they are charged with managing a miracle economy.

When it comes to miracles, you can do anything!!!

Whilst the entire world has upward pressure on rates, the miracle economy announces rate reductions!!.

Does anyone actually believe that Gordon and Tony dont tell the BofE what to do, are we really to believe that they are totally on the same wavelenght without any phone calls or meetings?.

I for one dont, cash for peerages!!! I am sure they could fix the Bank of England, just like the BBC.

"Do as I say if you want to keep your jobs"

The Govt dont even need to tell the B of E what to do. Govt have given them a remit to keep forward inflation within a certain target and then they conjure up with exactly the inflation figure they require by instructing the Ministry of Misinformation Office of National Statistics to alter the content / weighting of the basket of goods used to determine the rate of inflation.

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We do, we do, but it’s so painful waiting for the correction !! :(

Doh, don't you get it, you've had the correction - this was the period 2000 - 2004 where prices went up fast to get back to where they should be.

The period 1995 - 2000 was the only time in your lifetime when you had the chance to buy property below its 'true' value.

Property is now correctly priced, given the state of our economy, which is rather good. IRs will not be going up sufficient to knock housing back. This was a one way elevator and if you missed it, then you had better believe in reincarnation, because you won't get the chance again.

Why do you think that Nationwide wide graph went up so far so fast and why do you think its now staying flat/rising gently in line with wages. ?

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Doh, don't you get it, you've had the correction - this was the period 2000 - 2004 where prices went up fast to get back to where they should be.

The period 1995 - 2000 was the only time in your lifetime when you had the chance to buy property below its 'true' value.

Property is now correctly priced, given the state of our economy, which is rather good. IRs will not be going up sufficient to knock housing back. This was a one way elevator and if you missed it, then you had better believe in reincarnation, because you won't get the chance again.

Why do you think that Nationwide wide graph went up so far so fast and why do you think its now staying flat/rising gently in line with wages. ?

Mervyn King was wrong then when he said:

"Relative to average earnings or incomes, or anything else you could look at, house prices do seem remarkably high."

(Telegraph.co.uk Thursday, 11th May 2006)

:blink:

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Guest Charlie The Tramp

IRs will not be going up

Well the price of Nickel has gone up $900 to $22,900 a tonne. :)

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Doh, don't you get it, you've had the correction - this was the period 2000 - 2004 where prices went up fast to get back to where they should be.

The period 1995 - 2000 was the only time in your lifetime when you had the chance to buy property below its 'true' value.

Property is now correctly priced, given the state of our economy, which is rather good. IRs will not be going up sufficient to knock housing back. This was a one way elevator and if you missed it, then you had better believe in reincarnation, because you won't get the chance again.

Why do you think that Nationwide wide graph went up so far so fast and why do you think its now staying flat/rising gently in line with wages. ?

One way elevator... doesn't come funnier than that.

Cheers, that is the best bit of comedy I've heard all year.

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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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