Sunday, February 11, 2007

David Smith then says but they won’t rise.

Inflation will fall but IRS could still rise

As nice a guy he is, he's been saying that since 2005. "The Bank of England will this week predict a sharp drop in inflation but leave the door open to further interest-rate rises if pay accelerates."

Posted by financial planner @ 11:11 AM (479 views)
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6 thoughts on “David Smith then says but they won’t rise.

  • not least because the pound will sink like a stone at the first hint the BofE has stopped raising rates.

    *gulp*

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  • HAHA.

    He’s deleted all the negative comments too! How true to form!

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  • Smith states something credible as frequently as Jade Goody!

    It was not many months ago that he was questioning whether it was too early for a rate cut. Since his comment we have had three IR increases. I’d love to know how he got to be economics editor of the Times because his judgement, to my way of thinking is slightly suspect.

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  • Steady on Denzil – you’ll have Jade’s lawyer on to you…

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  • The pound is too strong at the moment anyway. It could do with dropping a little.

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  • george monsoon says:

    Who’s Jade???

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