Mosha
Crazy Mango Extraordinaire
Posts: 5,678
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Post by Mosha on Jul 17, 2015 15:30:45 GMT 7
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Post by Fletchsmile on Jul 19, 2015 20:17:01 GMT 7
Good for the pound and those holidaying in Thailand as a result too. Not to mention those of us silly enough to live within our means and save instead of being up to eyeballs in debt
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The Arrow
Vigilante
Vigilante
Posts: 3,034
Likes: 1,837
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Post by The Arrow on Jul 19, 2015 21:33:45 GMT 7
Bye bye house price inflation.
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AyG
Crazy Mango Extraordinaire
Posts: 5,871
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Post by AyG on Jul 20, 2015 7:02:32 GMT 7
Except it's not really true. "What is clear is that the words of Bank of England Governor Mark Carney have been wilfully misinterpreted in the press as indicating that UK rates will rise at year end, possibly as early as November. That is earlier than the February 2016 date that the markets were factoring in.
"He said no such thing. Carney merely stated that the Bank’s monetary policy committee would start thinking about it at the end of this year, not actually taking action. His words were: 'The decision … will likely come into sharper relief around the turn of this year.'"Source: www.morningstar.co.uk/uk/news/140168/will-interest-rates-rise.aspx
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