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Ash4781

Bank Misled Public Over Interest Rates - Assetz

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cpi at 1.9%, probably just put 2 to 3 months delay on the next interest rate rise, maybe just long enough for a quick autumn general election !

Next quarters inflation report should be interesting, with a rebound already being mentioned in the media. Tesco, ASDA and MFI can only discount for a while.

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If they have set out to deceive and reign in inflation with minimal consequence to the economy then they have done very well. We'll have to wait and see but it has certainly woken consumers up as to the perils of debt. With any luck we can avoid an economic meltdown and possibly even reduce rates in the not too distant future. We ay even see the housing market stabilise or have a very soft landing ....... and some very unhappy STR'sQ :P

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Next quarters inflation report should be interesting, with a rebound already being mentioned in the media. Tesco, ASDA and MFI can only discount for a while.

.....from where i'm standing Tesco and ASDA won't be doing much more discounting for a while. Not unless they start eating into their own margins and I doubt the shareholders will be pleased if they try that.

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