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PogoLocky

Interest Rates Decision Tomorrow.

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Both the UK and EU just got a massive tanker deal, with $ at record lows? I suspect tomorrow may see an 0.25 easing in the rates, all be it only be it because the US is buying favours.

They should hold or raise, but can't see that happening US needs help and when they yell 'Cover Me' the UK always steps up.

+Our deficit is huge and min wage just went up, best inflate to get the value vs work on an even balance, and hope they don't go home or impose a 40% leaving the country tax :P

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Surprise 0.25% reduction to feed the VI's and front page headlines.

That wouldn't surprise me

On top of that Connells can re-vitalise their "Interest rates down, buy now" slogan for another m
onth.

They should just return to making music "74-75"

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Oil still high i dont think there is much room for a reduction anybody think different.

A reduction of any size would be as a pebble cast into the atlantic ocean.

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Guest Charlie The Tramp

My money is on this guy who wrote this during November 2006.

Like the Credit Crunch we knew it was coming although it arrived later than we thought, so Crispin could very soon prove to be right on the 8% Global Rates. ;)

Here in London, Crispin Odey the leading investment fund manager says global interest rates should now be around 8%. The threat of inflation posed by the oversupply of money needs to be challenged. Higher interest rates would slow the growth in lending and debt that has fuelled so much of the bubble in money. Central bankers are starting to get frightened at what they see, and want to raise interest rates, says Odey. [but] the fears of over-indebted Western economies being skittled over by rising interest rates will only ensure that monetary policy remains accommodating

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Think of those trying to stay in government and other positions of power.

Think who the home owning public would vote if rates were increased.

Cant have the voting public, handing their keys back and causing more overload on the old boy banking system can we?

0.75% reduction to feed the VI's and dont be surprised.

Edited by expatowner

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Here in London, Crispin Odey the leading investment fund manager says global interest rates should now be around 8%. The threat of inflation posed by the oversupply of money needs to be challenged. Higher interest rates would slow the growth in lending and debt that has fuelled so much of the bubble in money. Central bankers are starting to get frightened at what they see, and want to raise interest rates, says Odey. [but] the fears of over-indebted Western economies being skittled over by rising interest rates will only ensure that monetary policy remains accommodating.

A very honest and transparent quote.

Edited by pablovblack

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Interest rates - steady as she goes captain

With the initial revelations of subprime well and truly behind us and the stock market appearing to fluctuate less wildly than it did initially does this mean a spring bounce of the property market is a becoming a minute possibility?

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Interest rates - steady as she goes captain

With the initial revelations of subprime well and truly behind us and the stock market appearing to fluctuate less wildly than it did initially does this mean a spring bounce of the property market is a becoming a minute possibility?

:lol: I see you've been reading Bloomberg today :lol:

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  • 296 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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