OzzMosiz Posted September 1, 2006 Share Posted September 1, 2006 I got a warm feeling we are in for another rise this month. Consumer credit 12% above expectations, mortgage approvals higher than expectations too. Anymore pointers? Quote Link to comment Share on other sites More sharing options...
simon99 Posted September 1, 2006 Share Posted September 1, 2006 (edited) Just wait till our joke CPI shows another fall because of lower petrol prices. I will be stunned if rates rise. Edited September 1, 2006 by simon99 Quote Link to comment Share on other sites More sharing options...
MarkG Posted September 1, 2006 Share Posted September 1, 2006 Just wait till our joke CPI shows another fall because of lower petrol prices. But, um, it didn't go up when petrol rose: why will it fall when petrol drops? Quote Link to comment Share on other sites More sharing options...
grey shark Posted September 1, 2006 Share Posted September 1, 2006 I got a warm feeling we are in for another rise this month. Consumer credit 12% above expectations, mortgage approvals higher than expectations too. Anymore pointers? Youv'e got one rise , don't be greedy now , they will find any excuse or reason to NOT raise rates . Wheres the big man DND to give us his daily view on inflation . Quote Link to comment Share on other sites More sharing options...
doric-woman Posted September 1, 2006 Share Posted September 1, 2006 they will hold with a raise in November if "deemed" necessary Quote Link to comment Share on other sites More sharing options...
deano_54321 Posted September 1, 2006 Share Posted September 1, 2006 they will hold with a raise in November if "deemed" necessary I think that is what will happen. 2 rate rises in consecutive months will set alarm bells ringing IMHO. I think they will wait till November even though they probably should do it in September/October. Quote Link to comment Share on other sites More sharing options...
Guest pioneer31 Posted September 1, 2006 Share Posted September 1, 2006 I think that is what will happen. 2 rate rises in consecutive months will set alarm bells ringing IMHO. I think they will wait till November even though they probably should do it in September/October. Whatever happens will be slow and torturous. Don't expect anything good to happen quickly. Only s**t happens quickly, like HPI!!! Quote Link to comment Share on other sites More sharing options...
MarkG Posted September 1, 2006 Share Posted September 1, 2006 But if they raise in November and Christmas is awful, they'll take the blame. So I think it will be September or October. Quote Link to comment Share on other sites More sharing options...
Pooh Bear Posted September 1, 2006 Share Posted September 1, 2006 I think that is what will happen. 2 rate rises in consecutive months will set alarm bells ringing IMHO. I think they will wait till November even though they probably should do it in September/October. Last week I got £18 @ 21:1 on +0.25%, £2 @ 1000:1 on +0.5% on betfair (0.5% is now 40:1 WTF?). A raise is rather unlikely, but the Governor of the BoE doesn't announce that he's going to be letter writing for no reason at all. Maybe Merv will want to sneak in another before the last of Gordon's fat controllers is in place. Quote Link to comment Share on other sites More sharing options...
simon99 Posted September 1, 2006 Share Posted September 1, 2006 But, um, it didn't go up when petrol rose: why will it fall when petrol drops? I don't know but it doesn't reflect living costs and seems. Quote Link to comment Share on other sites More sharing options...
Guest Cletus VanDamme Posted September 1, 2006 Share Posted September 1, 2006 Once we get a whiff of what's happening in the US, IRs will be on their way down, I reckon. One more rise, then cuts next year. Quote Link to comment Share on other sites More sharing options...
Realistbear Posted September 1, 2006 Share Posted September 1, 2006 Gordon's M4 shoing an increase of 13%--a long way outside his targets. ECB failed to tackle inflation by standing pat and my guess is that the MPC will follow suit. They are scared of what may happen in the US with the talk of recession and the possibility that the 17 hikes have overshot. Quote Link to comment Share on other sites More sharing options...
PropertyGuru Posted September 1, 2006 Share Posted September 1, 2006 I'm guessing a hold - that spineless bunch of puppets don't have the cojones to do it 2x in a row and face Gordy's wrath. Quote Link to comment Share on other sites More sharing options...
Pooh Bear Posted September 1, 2006 Share Posted September 1, 2006 Once we get a whiff of what's happening in the US, IRs will be on their way down, I reckon. One more rise, then cuts next year. You think that a US led HPC is going to visit the UK with such a vengance that the BoE will be forced to move in the opposite direction to global tightening? Quote Link to comment Share on other sites More sharing options...
stoffey Posted September 1, 2006 Share Posted September 1, 2006 I would love to see another rate rise this month, just to read the cr4p the daily ragspress would print about not needing another rate rise, "as the economy is so strong is not recquired" cos miles shipside said so blah blah blah paf. .............................but november beginning of next year i feel is feasible....but how i'd love to see the VI'S SWEAT......moooohahahahahah Quote Link to comment Share on other sites More sharing options...
jonewer Posted September 1, 2006 Share Posted September 1, 2006 The next change will be downwards. Its rigged. Quote Link to comment Share on other sites More sharing options...
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