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| Cutting interest rates if "that turns out to be necessary" http://www.x404.co.uk/forum/viewtopic.php?f=19&t=16734 |
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| Author: | pcernie [ Tue Jun 26, 2012 10:19 pm ] |
| Post subject: | Cutting interest rates if "that turns out to be necessary" |
http://www.bbc.co.uk/news/business-18587254 I could see Merv getting an email along the lines of, 'Keep it fcuking light next time, eh?!' |
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| Author: | mikepgood [ Wed Jun 27, 2012 7:44 am ] |
| Post subject: | Re: Cutting interest rates if "that turns out to be necessary" |
I still think that reducing the rates that the money was lent to businesses would be better, some sort of cap. The differential is too great. |
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| Author: | hifidelity2 [ Thu Jun 28, 2012 10:50 am ] |
| Post subject: | Re: Cutting interest rates if "that turns out to be necessary" |
Well they cant cut them much further as they are 0.5% - down to 0.25 or 0.1% (which for me is fine as I have a tracker Mtg so my rate will fall) |
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