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Next BoE move on rates
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Next BoE move on rates
14Up to support sterling21.43%3Keep as is for now14.29%2Cut to support economy42.86%6Appoint AndyW's mum as new Chairman to set new rates21.43%3 -
The next move is downwards - as it delays the inevitable that much longer....merely at clientco for the entertainment -
negative interest rates are on the way"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Comment
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Almost certainly down, with the caveat that all bets are off in the event of a Sterling crisis. There's no evidence of that yet, but it's early days. Cable would need to drop deep into the 1.2s to make them think twice about a rate cut. History suggests that Sterling crises don't last long before a sharp correction. The BoE will be aiming to look through anything but the most severe and sustained fall.Comment
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Originally posted by scooterscot View Postnegative interest rates are on the wayComment
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Originally posted by barrydidit View PostDrop to zero to punish those old gits who had the temerity to vote leave.Comment
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Originally posted by barrydidit View PostDrop to zero to punish those old gits who had the temerity to vote leave.Comment
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