Bank of England expected to raise rates, gradually, after May general election

Sunday, November 9th 2014 - 10:19 UTC

Full article 9 comments

Bank of England interest rates have been left on hold at 0.5% for another month amid fears that the pace of recovery in the UK economy is slowing. The BoE base rate has been at its current level for more than five years, with economists not expecting an increase until next summer. Read full article

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Britworker
Making my mortgage preparations now
Nov 09th, 2014 - 12:11 pm - Link - Report abuse 0
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paulcedron
“Bank of England expected to raise rates, gradually, after May general election”

what they are expecting is a massive devaluation.
the most overrated currency in the world by far.
Nov 09th, 2014 - 01:24 pm - Link - Report abuse 0
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ilsen
And of course polly is our resident economic expert.

If I wanted an opinion on monetary policy I think an Argentine cabana boy would be the last person I would consider asking.

But while we are here, do tell us dear paulie, on what do you base your assumption?
What facts, figures and hard information do you have to support this?
What do you know that some of brightest and most knowledgeable people in the world don't know?
Do tell, sweetie, do tell.
Nov 09th, 2014 - 02:14 pm - Link - Report abuse 0
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paulcedron
ilsen
what else do you read, apart from this 4th class newspaper?
penguin news? lol

“Ben Broadbent, deputy governor of the Bank of England, commented that the British pound exchange rate is likely to be overrated by 30%”
2014/07/31 11:28
Nov 09th, 2014 - 03:01 pm - Link - Report abuse 0
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ilsen
As usual paul-carrion declines to name the source, or provide a link, so it is not verifiable, and probably taken out of context. Basic schoolboy error.

@2 he wrote
“what they are expecting is a massive devaluation.
the most overrated currency in the world by far”

So let's see the proof that the BoE is expecting is a MASSIVE devaluation and also that Sterling is the MOST overrated currency in the WORLD.

Not some random quote. Proof paulie, with links.

This is going to be funny.
Nov 09th, 2014 - 06:49 pm - Link - Report abuse 0
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Briton
MMMM, these intelligent argie bloggers [4] knows best,

the bank has kept it low for ages but as soon as it moves, the lad from the dark continent knows the reasons...lolol
Nov 09th, 2014 - 07:23 pm - Link - Report abuse 0
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ilsen
well he does believe in the 'malvinas' myth... probably in fairies at the bottom of the garden too.
Drinks unicorn milk in his coffee every morning as well !
Nov 09th, 2014 - 07:46 pm - Link - Report abuse 0
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paulcedron
ilsen
i have taught you many times how to get links from quotes.
have you already forgotten it?
you didn't understand it?
not a surprise
Nov 10th, 2014 - 12:23 am - Link - Report abuse 0
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Briton
But all your links are part of a chain fence..lol
Nov 10th, 2014 - 08:17 pm - Link - Report abuse 0
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