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Ultra-low interest rates could be here to stay
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Author:  pcernie [ Mon Jan 18, 2016 10:41 pm ]
Post subject:  Ultra-low interest rates could be here to stay

Ultra-low interest rates could be here to stay, says Bank of England adviser | Business | The Guardian
http://www.theguardian.com/business/201 ... nd-advisor

The talk of even a potential rise is now 2017 in a lot of quarters.

Author:  Spreadie [ Mon Jan 18, 2016 11:02 pm ]
Post subject:  Re: Ultra-low interest rates could be here to stay

pcernie wrote:
Ultra-low interest rates could be here to stay, says Bank of England adviser | Business | The Guardian
http://www.theguardian.com/business/201 ... nd-advisor

The talk of even a potential rise is now 2017 in a lot of quarters.

That changed quickly.

Author:  pcernie [ Mon Jan 18, 2016 11:04 pm ]
Post subject:  Re: Ultra-low interest rates could be here to stay

Spreadie wrote:
pcernie wrote:
Ultra-low interest rates could be here to stay, says Bank of England adviser | Business | The Guardian
http://www.theguardian.com/business/201 ... nd-advisor

The talk of even a potential rise is now 2017 in a lot of quarters.

That changed quickly.


I seem to recall Carney himself talking of a rise this year, too.

Author:  hifidelity2 [ Tue Jan 19, 2016 8:49 am ]
Post subject:  Re: Ultra-low interest rates could be here to stay

That was before they all got worried about China's growth slowing

Author:  hifidelity2 [ Tue Jan 19, 2016 8:51 am ]
Post subject:  Re: Ultra-low interest rates could be here to stay

Oh and on a personal note - it can stay low - say 0.5% for the next 5 yrs or so ( when I hope to have cleared the mortgage) and then it can increase - to say 17% (the rate my 1st mortgage was at) as I will by then be saving more

Author:  Spreadie [ Tue Jan 19, 2016 9:29 am ]
Post subject:  Re: Ultra-low interest rates could be here to stay

I have an appointment today to renew my 5 year fixed rate. Should be interesting.

Author:  TheFrenchun [ Tue Jan 19, 2016 9:54 am ]
Post subject:  Re: Ultra-low interest rates could be here to stay

I'd very much like it to go higher, so house prices come down and we have a chance at saving a half decent deposit.

Author:  jonbwfc [ Tue Jan 19, 2016 10:50 am ]
Post subject:  Re: Ultra-low interest rates could be here to stay

I'd like it to go higher so there's some sodding point to having savings at all.

Author:  davrosG5 [ Tue Jan 19, 2016 11:34 am ]
Post subject:  Re: Ultra-low interest rates could be here to stay

jonbwfc wrote:
I'd like it to go higher so there's some sodding point to having savings at all.

TheFrenchun wrote:
I'd very much like it to go higher, so house prices come down and we have a chance at saving a half decent deposit.


Both of these get a +1 here.

Author:  pcernie [ Tue Jan 19, 2016 1:30 pm ]
Post subject:  Re: Ultra-low interest rates could be here to stay

pcernie wrote:
Spreadie wrote:
pcernie wrote:
Ultra-low interest rates could be here to stay, says Bank of England adviser | Business | The Guardian
http://www.theguardian.com/business/201 ... nd-advisor

The talk of even a potential rise is now 2017 in a lot of quarters.

That changed quickly.


I seem to recall Carney himself talking of a rise this year, too.


http://www.bbc.co.uk/news/business-35351217

Author:  TheFrenchun [ Tue Jan 19, 2016 7:55 pm ]
Post subject:  Re: Ultra-low interest rates could be here to stay

It won't happen for the foreseeable future, according to channel 4 news. Great.


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