dude wheres my house Posted August 1, 2007 Share Posted August 1, 2007 They cant dodge it now even if they wanted to. Inflation is on the up and with oil at its highest price ever they have no wiggle room left.. They will be lucky if its not 0.5 Quote Link to comment Share on other sites More sharing options...
thedebtisreal Posted August 1, 2007 Share Posted August 1, 2007 They cant dodge it now even if they wanted to.Inflation is on the up and with oil at its highest price ever they have no wiggle room left.. They will be lucky if its not 0.5 Care to place a bet on that? Quote Link to comment Share on other sites More sharing options...
insidetrack Posted August 1, 2007 Share Posted August 1, 2007 They wont be allowed a rise until after the October election. Quote Link to comment Share on other sites More sharing options...
Leonard Hatred Posted August 1, 2007 Share Posted August 1, 2007 Inflation is on the up and with oil at its highest price ever they have no wiggle room left.. You're being too vigilant Quote Link to comment Share on other sites More sharing options...
Hard-up Posted August 1, 2007 Share Posted August 1, 2007 They wont be allowed a rise until after the October election. Reckon they'll get a firing squad if they rebel? Quote Link to comment Share on other sites More sharing options...
Timm Posted August 1, 2007 Share Posted August 1, 2007 They cant dodge it now even if they wanted to.Inflation is on the up and with oil at its highest price ever they have no wiggle room left.. They will be lucky if its not 0.5 If it's +0.5, I'll be up about £4500 on a £10 I failed to lay off against. (Don't ask) Quote Link to comment Share on other sites More sharing options...
johnstrath Posted August 1, 2007 Share Posted August 1, 2007 They cant dodge it now even if they wanted to.Inflation is on the up and with oil at its highest price ever they have no wiggle room left.. They will be lucky if its not 0.5 ARRRGGGHHHHH!!!!!!!!!!! Brent crude is not (not) at an all time high today, WTI is. Quote Link to comment Share on other sites More sharing options...
Guest d23 Posted August 1, 2007 Share Posted August 1, 2007 They cant dodge it now even if they wanted to. they have before and no doubt will again; not sure what it would take to for reality to sink in but pretty sure we're not there yet Quote Link to comment Share on other sites More sharing options...
Realistbear Posted August 1, 2007 Share Posted August 1, 2007 They cant dodge it now even if they wanted to.Inflation is on the up and with oil at its highest price ever they have no wiggle room left.. They will be lucky if its not 0.5 I was leaning heavily toward "vigilance" but am leaning back toward a .25% hike with today's news on wage inflation, food inflation and oil prices--all up. Also, borrowing is not slowing much and consumer spending is torrid. However..............with a GE coming up the muppets may have to tow the party line for awhile longer yet. Its worth a tenner on a hike though. Wotz the odds at Betfair? Quote Link to comment Share on other sites More sharing options...
Willy Weasel Posted August 1, 2007 Share Posted August 1, 2007 I was leaning heavily toward "vigilance" but am leaning back toward a .25% hike with today's news on wage inflation, food inflation and oil prices--all up. Also, borrowing is not slowing much and consumer spending is torrid. However..............with a GE coming up the muppets may have to tow the party line for awhile longer yet.Its worth a tenner on a hike though. Wotz the odds at Betfair? +25% is 25/1. No change is the shortest price it's been for many months. If Betfair is any guide, there is almost no chance of a rise tomorrow Quote Link to comment Share on other sites More sharing options...
Guest Popalot Posted August 1, 2007 Share Posted August 1, 2007 I was leaning heavily toward "vigilance" but am leaning back toward a .25% hike with today's news on wage inflation, food inflation and oil prices--all up. Also, borrowing is not slowing much and consumer spending is torrid. However..............with a GE coming up the muppets may have to tow the party line for awhile longer yet.Its worth a tenner on a hike though. Wotz the odds at Betfair? Tomorrow is the litmus test. All the data poits overwhelming to the need for a rise. The media have softened up the public for 6%, albeit "by end of year". If they do not rasie it will prove one or all of three widely held beliefs of ours: 1. Gordon Brown controls them totally. Floods are enough. Call to Lomax 2. They are basically afraid of the CBI and the media whipping up opinion against them 3. The FTSE/ general market wobbles On balance I am sure they will not raise them for any of the above pathetic reasons..... Quote Link to comment Share on other sites More sharing options...
Fancypants Posted August 1, 2007 Share Posted August 1, 2007 +25% is 25/1. No change is the shortest price it's been for many months. If Betfair is any guide, there is almost no chance of a rise tomorrow would be a bigger shock than January IMO. Mostly due to it being a "back to back" job. Quote Link to comment Share on other sites More sharing options...
Smell the Fear Posted August 1, 2007 Share Posted August 1, 2007 They cant dodge it now even if they wanted to.Inflation is on the up and with oil at its highest price ever they have no wiggle room left.. They will be lucky if its not 0.5 I call it: you have been drinking before lunchtime again. Quote Link to comment Share on other sites More sharing options...
Wait & See Posted August 1, 2007 Share Posted August 1, 2007 They cant dodge it now even if they wanted to.Inflation is on the up and with oil at its highest price ever they have no wiggle room left.. They will be lucky if its not 0.5 Yeh, I'll go for a 0.25% hike. Not putting a bet on it though. Quote Link to comment Share on other sites More sharing options...
OzzMosiz Posted August 1, 2007 Share Posted August 1, 2007 I'm sure if we had Zimbabwees inflation Merv and crew would '"hold" awaiting more solid data' Quote Link to comment Share on other sites More sharing options...
thedebtisreal Posted August 1, 2007 Share Posted August 1, 2007 +25% is 25/1. No change is the shortest price it's been for many months. If Betfair is any guide, there is almost no chance of a rise tomorrow It's a hold. However, expect Merv to vote for a rise and be outvoted 3-6 or 4-5. This will send the message to those wobbly markets that in September rates will rise. Everyone will then have a month to price it in, newspapers get to warn the public weeks in advance and it won't be a shock when it happens. Has this year taught you lot nothing? Quote Link to comment Share on other sites More sharing options...
PropertyGuru Posted August 1, 2007 Share Posted August 1, 2007 little birdy said no, last month. Quote Link to comment Share on other sites More sharing options...
bleakhouse Posted August 1, 2007 Share Posted August 1, 2007 I think they will wait too, on the grounds that last month's rise has yet to work through the economy. One feels that if they had raised by 0.5pct or more on any one of the previous hikes the effect would have been greater. 0.25 pct is just tinkering. It's like the price of fags, if they had raised the price from say £2 to £5 it would have been more effective (if their aim was to make people give up, not just donate more to the treasury) Quote Link to comment Share on other sites More sharing options...
stuckmojo Posted August 1, 2007 Share Posted August 1, 2007 Nah, they won't touch the IRs tomorrow. I wish they did Quote Link to comment Share on other sites More sharing options...
MarkyB Posted August 1, 2007 Share Posted August 1, 2007 alliance and leicester put rates up on unsecured loans by 0.5% quite a surprise... who knows what the result will be Quote Link to comment Share on other sites More sharing options...
littlepumpkin Posted August 1, 2007 Share Posted August 1, 2007 little birdy said no, last month. your little birdy is normally wrong so i expect a rise now! mind you you also called a crash in Q1 2007 and we all know how that worked out I don't think there will be a rise tomorrow, its too soon , i would be very surprised, given the shocks to financial markets this month , floods, and so on, i think the MPC will go for caution and mull the situation until next month , when things may become clearer. Quote Link to comment Share on other sites More sharing options...
Realistbear Posted August 1, 2007 Share Posted August 1, 2007 If Betfair are offering 25:1 on a hike that sounds like a decent punt. But.....back to back is not their style and Gordo is meeting at Chequers next week for an undislosed strategy meeting. If I was forced to bet I would still go with "vigilance" on the basis that the BoE are not an independent entity. Quote Link to comment Share on other sites More sharing options...
PropertyGuru Posted August 1, 2007 Share Posted August 1, 2007 your little birdy is normally wrong so i expect a rise now! mind you you also called a crash in Q1 2007 and we all know how that worked out Moderator: Please do not misquote other members in your post, text removed. oh great. Another stalker. This has to be the lamest one yet. So lame, in fact, that my only response to this whiny little humorless tvrd is... added to ignore list. You are the whiniest link. Goodbaye. Quote Link to comment Share on other sites More sharing options...
Impartial Posted August 1, 2007 Share Posted August 1, 2007 No rise no way. The equity markets are too volatile at the moment and won't allow it. Quote Link to comment Share on other sites More sharing options...
DoctorJ Posted August 1, 2007 Share Posted August 1, 2007 No rise no way. The equity markets are too volatile at the moment and won't allow it. but didn't Merv say that we should get used to market volatility (no matter the IR) Quote Link to comment Share on other sites More sharing options...
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