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U.K. Inflation Jumps More Than Forecast to Match 4-Year High

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    U.K. Inflation Jumps More Than Forecast to Match 4-Year High

    Full report here from Bloomberg:

    https://www.bloomberg.com/news/artic...t-to-reach-2-9

    #2
    BOE dilemma, inflation picking up but Brexit stopping them raising interest rates.
    I'm alright Jack

    Comment


      #3
      Oh dear never mind.
      Hard Brexit now!
      #prayfornodeal

      Comment


        #4
        Originally posted by BlasterBates View Post
        BOE dilemma, inflation picking up but Brexit stopping them raising interest rates.
        Brexit isn't stopping anything. Brexit is giving us (and inflation) freedom to soar on wings like an eagle, unconstrained by the unelected blah blah blah...
        …Maybe we ain’t that young anymore

        Comment


          #5
          No comments on the strengthening pound. Very odd.

          Comment


            #6
            Originally posted by The_Equalizer View Post
            No comments on the strengthening pound. Very odd.
            When it was weakening we were told to say nothing because it was really good for tourism and makes our exports so much better value.

            Does this mean that the strong pound is good because it makes this country less appealing to visit and makes our exports worse value?
            …Maybe we ain’t that young anymore

            Comment


              #7
              Originally posted by WTFH View Post
              When it was weakening we were told to say nothing because it was really good for tourism and makes our exports so much better value.

              Does this mean that the strong pound is good because it makes this country less appealing to visit and makes our exports worse value?
              There's a middle ground dear boy.

              Comment


                #8
                Originally posted by WTFH View Post
                When it was weakening we were told to say nothing because it was really good for tourism and makes our exports so much better value.
                When it was weakening, CUK Remoaners were crowing as one that Brexit was causing the pound to circle the drain.
                Work in the public sector? Read the IR35 FAQ here

                Comment


                  #9
                  Originally posted by The_Equalizer View Post
                  There's a middle ground dear boy.
                  Middle ground? What do you consider the middle ground to be? $1.50/€1.30? More or less?
                  And what is middle ground inflation? 2%, 4%?
                  …Maybe we ain’t that young anymore

                  Comment


                    #10
                    Originally posted by WTFH View Post
                    Middle ground? What do you consider the middle ground to be? $1.50/€1.30? More or less?
                    And what is middle ground inflation? 2%, 4%?
                    Depends on a whole myriad of things. Do I think the pound continuing to soften from these levels would be a good thing - no. Does a bit of inflation hurt - depends whether wages pick up - but it's the only solution to the vast debts we have. The thing is, I hope the UK does well. I would have hoped the same had we voted Remain.
                    Last edited by The_Equalizer; 12 September 2017, 15:11.

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