Jump to content
House Price Crash Forum
The Masked Tulip

What Now For Uk Irs Post Budget

Recommended Posts

Will the budget have any affect on UK interest rates? Darling mentioned that inflation would rise this year but by 2009 it would be back in line with the Government's predictions. What does it mean for UK IRs this year? Does it have any affect - probably not. But will the inflation Darling talked about end up in higher IRs or is the global malaise such that IRs will end up lower?

Share this post


Link to post
Share on other sites
Will the budget have any affect on UK interest rates? Darling mentioned that inflation would rise this year but by 2009 it would be back in line with the Government's predictions. What does it mean for UK IRs this year? Does it have any affect - probably not. But will the inflation Darling talked about end up in higher IRs or is the global malaise such that IRs will end up lower?

They will be held for the next 12 months. The MPC meeting will be the most predictable event of the month.

Share this post


Link to post
Share on other sites

yep, they will drop

why?

if they didnt drop, banks would drop.

and in the 21st centry, banks are the controling heights of the economy

Share this post


Link to post
Share on other sites
I'd like to see a minor increase, but in reality we're going to see rates on hold and possibly one or two drops.

I'd like to see a 1% increase by summer, and a further 1% by Xmas 2009.

Share this post


Link to post
Share on other sites
I'd like to see a 1% increase by summer, and a further 1% by Xmas 2009.

Oh, and I'd like to see rates at 7.5% minimum permanently (or higher).

Share this post


Link to post
Share on other sites
Guest Charlie The Tramp

There will be a sudden shock during 2009 as inflation rises further against all expectations.

BoE rate finally settling at 6%, the highest they dare to go. ;)

Share this post


Link to post
Share on other sites

Darling reaffirmed the 2% inflation target , but accepted there will be an overshoot.

Logically this means Merv and the mpc will be running a tight ship which should translate one or even no cuts at all this year.

But logic is seemingly redundant these days :P

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 293 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.