Thursday, October 4, 2007

Look at the graph, the current hold does not go against the clear trend of rising rates, which could well continue as inflation hits home by Christmas.

No change for UK interest rates

Economists say the Bank is adopting a "wait-and-see" policy on rates until a clearer picture emerges of the effects of the recent global credit squeeze.

Posted by planning4acrash @ 01:06 PM (712 views)
Please complete the required fields.



3 thoughts on “Look at the graph, the current hold does not go against the clear trend of rising rates, which could well continue as inflation hits home by Christmas.

  • I think inflation is finally starting to appear on most people’s radar despite the government’s propaganda claiming that inflation is an old wives tale. Expect lots of mudslinging in the near future as the government blames anything from global warming to money grabbing supermarkets for rises in prices but not the government’s printing presses.

    Reply
    Please complete the required fields.



  • planning4acrash says:

    If the trend holds true, we should see 6% any time between January and March. Expect that if CPI goes up by then.

    Reply
    Please complete the required fields.



  • So it’s down next time, then?

    Perhaps an election the week after?

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>