Sunday, August 5, 2007

Interest rates to rise future

Bank May Hint At New Rate Rise

With interest rates expected to rise future and hundreds of thousands coming off the fixed or reduced initial rates not very happy times to come.

Posted by deepak @ 04:40 PM (411 views)
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4 thoughts on “Interest rates to rise future

  • Equitystasher says:

    Maybe someone at Sky has had a tip off about the inflation report?

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  • Or possibly it could be that the credut squeeze that is anticipated will be so large that they don’t want a run on sterling?

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  • defo

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  • tyrellcorporation says:

    Agreed, I reckon it’s stick firmly on 2.4% or even risen a bit. many more inflationary pressure building too.

    1/ Oil has increased dramatically again over the last 3 months.
    2/ Food has increased daramitically over the last 6 months.
    3/ Flooding will exacerbate food price rises.
    4/ Chinese goods are getting more expensive
    5/ Factory input (and output) prices are rising rapidly.
    6/ Company pricing power is increasing.
    7/ Price reductions on utilities have ground to a halt.

    I fail to see how CPI can go down for the rest of 2007 unless some serious fiddling goes on.

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