MPC BoE base rate decision at noon on Thursday

[turbobloke]

Who knows...

[turbobloke]

Increase?!

[Silverbullet767]

Lets see if my decision to fix my mortgage for 5 years last week was a good idea, roll up roll up!

[turbobloke]

anonymous said:

[redacted]

OK, poll edited to give that option.

[turbobloke]

Bump to keep up with the lunch break.

[RJE1966]

Silverbullet767 said:

Lets see if my decision to fix my mortgage for 5 years last week was a good idea, roll up roll up!

What rate?

[RichardD]

0.5% down seemed to be the consensus from recent news articles.

[turbobloke]

RichardD said:

0.5% down seemed to be the consensus from recent news articles.

Tonker's post is the other option I reckon, a cut of either 25bp or 50bp.

[danrc]

What is the interest rate in America at the moment?

How does this work in Europe? Is there a single interest rate in Europe due to the single currency or is it country controlled?

Sorry - newbie questions.

[Silverbullet767]

RJE1966 said:

Silverbullet767 said:

Lets see if my decision to fix my mortgage for 5 years last week was a good idea, roll up roll up!

What rate?

4.94% no fee

it's a 95% mortgage though.

[Chris Type R]

Same, or .25 reduction.

[Chris Type R]

danrc said:

What is the interest rate in America at the moment?

How does this work in Europe? Is there a single interest rate in Europe due to the single currency or is it country controlled?

Sorry - newbie questions.

There isn't even a single currency for Europe

[danrc]

Chris Type R said:

danrc said:

What is the interest rate in America at the moment?

How does this work in Europe? Is there a single interest rate in Europe due to the single currency or is it country controlled?

Sorry - newbie questions.

There isn't even a single currency for Europe

You know what i mean - The Euro and those countries which have it as their currency.

[Maxf]

-50bp.

They are scared stless of inflation so cuts to 0% over the next few months are all they have left.

[danrc]

Chris Type R said:

danrc said:

What is the interest rate in America at the moment?

How does this work in Europe? Is there a single interest rate in Europe due to the single currency or is it country controlled?

Sorry - newbie questions.

There isn't even a single currency for Europe

You know what i mean - The Euro and those countries which have it as their currency.

[turbobloke]

danrc said:

Chris Type R said:

danrc said:

What is the interest rate in America at the moment?

How does this work in Europe? Is there a single interest rate in Europe due to the single currency or is it country controlled?

Sorry - newbie questions.

There isn't even a single currency for Europe

You know what i mean - The Euro and those countries which have it as their currency.

As of 15/01/09 the ECB base rate is 2.0% iirc.

More here http://www.ecb.int/stats/monetary/rates/html/index...

[Grey Ghost]

25bps this month and another 25bps next. If that doesn't work with the other fiscal measures being tried out then there will be panic in Downing Street... which is nice.

[turbobloke]

Grey Ghost said:

25bps this month and another 25bps next. If that doesn't work with the other fiscal measures being tried out then there will be panic in Downing Street... which is nice.

There's already panic in Downing St not least after the IMF blew the whistle on Slackjaw and Slugbrows comedy double act over the length and depth of Recession UK.

[dirty boy]

Down .25%

Allows them some room to continue to 'help' us over the coming months as positive news for borrowers.

[Fittster]

Err, isn't inflation still above target?