2 thoughts on “Mervyn making his mind up …”
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uncle tom says:
What on earth is he doing in Jerusalem?? Oh well…
I’m still not sure his much-reported comment at the last commons committee meeting was intended – it was too blunt and direct. I suspect he may have mis-heard the question.
But given the weird way these things work, that might make the MPC feel obliged to follow through!
It will make precious little difference if they do shave a quarter point off next month, every day now we get reports of mortgage lenders raising rates and tightening criteria, and I doubt we’ve seen the last of it..
Fed Up says:
except of course the MPC shaving a quarter point off will mean all variable rate savings accounts do the same.