Friday, Jun 30, 2006

UK Interest Rate Rise On The Way

BBC News: UK economic growth revised upward

Better than expected economic figures boosts chance of UK interest rate rise.

Posted by Peter Argot @ 04:02 PM (1555 views)
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5 Comments

1. Surfgatinho said...

How did they let a story like this escape less than a week before the MPC meeting? Obvioulsy they have something bigger to counter it up their sleeves!

My prediction is there won't be a rate rise until there is no way of avoiding it and that isn't going to be this time around

Friday, June 30, 2006 06:20PM Report Comment
 

2. Phil said...

Could it be that Gordon the puppeteer is getting cold feet about the U,S, interest rate hikes? If this is the case then his economic miracle is not working, unless he changes statistics from the past to fit into today's political agender.

Friday, June 30, 2006 07:12PM Report Comment
 

3. sirgoogle said...

No I think they are just paving the way for a 0.5% hike rather than a 0.25% hike. I also think that this will occur in August when all are away on hols and we are bouyed by our excellent performance in the World Cup.

Saturday, July 1, 2006 12:41PM Report Comment
 

4. bidin'matime said...

World cup? Oops! But seriously, if they were predicting an economic boost from bringing home the trophy, the end of the run could have something of the opposite effect. (Well, we're all waiting for the unexpected factor - and I'll settle for anything!)

Saturday, July 1, 2006 10:41PM Report Comment
 

5. sirgoogle said...

Oh well we lost the match. I had to have some hope in my life. (I really don't like penalty shoot-outs, we should use an index made up of something like % posession or number of corners or shots on the goal). Next event (or non-event) is on the 6th.

Sunday, July 2, 2006 08:26AM Report Comment
 

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