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Wait & See

Timothy Besley Called For A Hike Last Month

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Rates dilemma for Bank of England

"It is not inconceivable that rates could be either raised or - less likely - cut," said Howard Archer, chief economist at Global Insight.
The minutes of the MPC's last meeting revealed a growing split with David Blanchflower continuing to argue for a rate cut in order to ward off a possible recession and Timothy Besley calling for a hike.

Besley v Blanchflower Round 2!!

Surely today the committee won't side with David. :rolleyes::blink:

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  • 396 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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