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GBP in crisis, interest rates increase to save pound

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    GBP in crisis, interest rates increase to save pound

    GBP in crisis, interest rates increase to save pound...

    ... within days.
    "A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George Orwell

    #2
    Originally posted by Paddy View Post
    GBP in crisis, interest rates increase to save pound...

    ... within days.
    Why? Can't see any reason at the moment....
    merely at clientco for the entertainment

    Comment


      #3
      Why should interest rates increase? Currency rates are a race to be bottom. Its all part of the "master plan".



      Comment


        #4
        GB is in debt, payback in FX. It's getting too expensive for the 1%
        "A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George Orwell

        Comment


          #5
          Originally posted by Paddy View Post
          GBP in crisis, interest rates increase to save pound...

          ... within days.
          I agree but not within days, rather around the start of 2019
          Hard Brexit now!
          #prayfornodeal

          Comment


            #6
            Originally posted by sasguru View Post
            I agree but not within days, rather around the start of 2019
            Why would UK raise rates to defend the pound?

            I am not sure I see interest rates rising until the end of great 21st century depression.

            Comment


              #7
              The rise in rates will be reactionary. That'll be the pin that bursts the bubble of complacency in the belief the BoE were in control.
              "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

              Comment


                #8
                Originally posted by scooterscot View Post
                The rise in rates will be reactionary. That'll be the pin that bursts the bubble of complacency in the belief the BoE were in control.
                BoE is in control of interest rates. Are you trying to make AtW look like an economic genius?

                Comment


                  #9
                  Carney suddenly change his tone (again), and this time he supports rate increases...

                  The Feds are increasing rates nicely, BoE and ECB should follow just like they did (in agreement) dropped interest rates.

                  Banks probably won't increase it for savers though

                  Comment


                    #10
                    Originally posted by AtW View Post
                    Carney suddenly change his tone (again), and this time he supports rate increases...

                    The Feds are increasing rates nicely, BoE and ECB should follow just like they did (in agreement) dropped interest rates.

                    Banks probably won't increase it for savers though
                    As you now have a mortgage, you should be pleased....

                    Comment

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