Sunday, July 2, 2006

We’ll have to wait until Thursday to see if they were correct

Shadow MPC votes 7-2 for no change

The SMPC poll was completed on Tuesday 27 June, although most contributions were received earlier, and the UK rate recommendations are with respect to the Monetary Policy Committee (MPC) rate decision to be announced on Thursday 6 July.

Posted by webmaster @ 10:27 AM (499 views)
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2 thoughts on “We’ll have to wait until Thursday to see if they were correct

  • George Monsoon says:

    Damn!
    As much as I want the interest rates to go up, the article does make a lot of sense; however I do personally believe that the MPC are being over-cautious, given that the information upon which they base their decisions is subject to political massage and therefore completely inaccurate.

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  • Surfgatinho says:

    I don’t see anything on the cards that will actually force the MPC to raise IRs so there won’t be a rise.
    Only when there is absolutely no choice will IRs go up

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