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Down with the BBC

Too Little Too Late?

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http://www.ft.com/cms/s/9d97a0d6-0549-11db...00779e2340.html

Central banks will have to move faster to raise interest rates because global inflationary pressures are rising and the economy remains vulnerable to a “bang” of market turbulence, the Bank for International Settlements warned on Monday.

“It would be imprudent to count on the happy combination of strong growth and low inflation lasting indefinitely. At some point, central banks may well have to act more forcefully on policy rates than they have needed to do in the past few years”.

It urged members to continue to tighten policy for now. “The current phase of monetary tightening seems clearly justified,”

Too little too late possibly. This btw was on the front cover of FT newspaper!!

Higher and higher IR's we thinks :D

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ECB have got the message:

http://www.iii.co.uk/news/?type=afxnews&am...;action=article

LONDON (AFX) - The euro was steady at higher levels across the board, boosted by strong economic data and a stark reminder that interest rates in the 12-nation area are poised to rise over the coming months.

Now Mr. Brown................... :rolleyes:

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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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