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dude wheres my house

And The Boe Decision Is

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Blah Blah same as every month..

I am 40% chance of a .25 raise

Unless the BOE grows a set of balls there is 0% chance of a 0.25 hike

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Absolutely zero chance of any rise this month.

The pussies are sh*t scared to, even though we all know its the sensible thing to do.

Just look at debt, still rising at over 11% per year.

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Absolutely zero chance of any rise this month.

The pussies are sh*t scared to, even though we all know its the sensible thing to do.

Just look at debt, still rising at over 11% per year.

Think you're right. Today will probably be another unprofessional episode to add to Merv's list of shame.

I live in hope though, so will go for a 'surprise' 0.25% rise.

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Think you're right. Today will probably be another unprofessional episode to add to Merv's list of shame.

I live in hope though, so will go for a 'surprise' 0.25% rise.

With oil reaching new highs and food prices still increasing due to factory gate price increases there should only be one answer, and that is to raise by at least 0.25%

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Just to keep this thread bubbling up ......................

What time is the decision??

I'm bored, cant decide whether to go for a coffee now or later!

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With oil reaching new highs and food prices still increasing due to factory gate price increases there should only be one answer, and that is to raise by at least 0.25%

I've a tenner on a 0.25% rise so you can laugh at me as a consolation prize!

Lured into high stakes gambling by HPC.co.uk - tut tut

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Vigilant.

Why?

1. Inflation is picking up in wages--up 3.6% accoridng to most recent report (Pay processors Voca report)

2. Food price inflation gaining speed--dairy to rise 20%(David Hillier, UK economist at Barclays Capital).

3. Consumer spending rising, mortgage debt still growing.

4. Highest factory gate prices in history (The Chartered Institute of Purchasing & Supply's manufacturing activity index)

5. Gordon may be calling a GE soon.

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Just to keep this thread bubbling up ......................

What time is the decision??

I'm bored, cant decide whether to go for a coffee now or later!

12 Midday!

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Sadly I concur with the opinion that the BOE will be way too scared to go for another increase so it will remain at 5.75% I'm fairly sure that it will go up to 6% by October though.

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decisions at 12

If they dont take into account all the increased inflation that is ripping through every facet of the economy i will be shocked.

The only excuse they could have is the old 'vigilant' claim, but that is growing old.

The quarterly inflation report is out this month, and if that shows (which i think it will) that inflation is on the rise again (oil, china) then a hike HAS to be on the cards

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Such moronic opinions.

You think that raising interest rates will reduce house prices 40% with no other effect? You've seen what happens with the markets when the sup-prime market sneezes.

Ironic thing is that you may get your wish that house prices are 40% cheaper, but they me be even more unaffordable than before the drop.

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Anyone think Lomax and Blanchflower will vote for a cut? :blink:

I'd like to vote to cut them from the MPC - they are inept imbeciles.

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Such moronic opinions.

You think that raising interest rates will reduce house prices 40% with no other effect? You've seen what happens with the markets when the sup-prime market sneezes.

Ironic thing is that you may get your wish that house prices are 40% cheaper, but they me be even more unaffordable than before the drop.

This has nothing to do with house prices, this is to do with inflation as a whole!

So you think its moronic to want to control inflation?

Edited by OzzMosiz

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Guest Popalot

They will hold. But just imagine if they DID raise them......everyone would be putting their houses on the market by the weekend IMHO. Never before on this website would one 0.25% have such potential potency...... Thinking about it this way shows how close we are. :P

To manage our disappointment it will be fun to watch the pound. Cable will drop a little, and then more next week when the inflation report comes out. The BoE will know that a drop in rates is totally OOTQ for the next year at least....all that Oil + China + soggy Crops + chancer retailers inflation ....coming to roost very soon, with big dark wings. :ph34r:

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Is it just that I'm even more sad and obsessive than I used to be or is the tension around this decision higher than usual? (So many risks whichever way they play it!)

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