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Post by colbops on Oct 18, 2022 19:31:45 GMT
Isn't great for sure. There is going to be a lot of suffering for those who've been trapped into ridiculous mortgages over the past 10- 15 years Like just about everyone who works for a living and who has taken out a mortgage in the last 15 years Well, yes. That's why I'm amazed that the government is pursuing policies that are driving up inflation, and then leaving the BoE to increase interest rates in a futile attempt to control it. |
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Post by jonksy on Oct 31, 2022 22:53:19 GMT
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Post by bancroft on Nov 4, 2022 13:59:37 GMT
So the BoE raises rates due to allegedly curbing inflation (  ?) just after the US raises rates. This is not about inflation this is about central bankers acting together to use interest rates as a weapon I wonder who the target is? Also what will Rishi do as it will make his job as PM tougher. |
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Post by Toreador on Nov 4, 2022 15:38:10 GMT
So the BoE raises rates due to allegedly curbing inflation ( ?) just after the US raises rates. This is not about inflation this is about central bankers acting together to use interest rates as a weapon I wonder who the target is? Also what will Rishi do as it will make his job as PM tougher. Rishi is n ex-Goldman Sachs banker, he will know precisely what it's about. |
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?) just after the US raises rates.