Interest Rates.

[Nobby Diesel]

What's the likelyhood of rates going back up quite soon, to stem the run against the £?

[10 Pence Short]

Nobby Diesel said:

What's the likelyhood of rates going back up quite soon, to stem the run against the £?

Probably won't go up, but too much tax breaking in the pre-budget might stop them falling much more.

[Graham E]

down 1 more percent.

[Nobby Diesel]

Graham E said:

down 1 more percent.

I thought we'd see base at 1.5%, but not so sure now.

[Saied]

Nobby Diesel said:

What's the likelyhood of rates going back up quite soon, to stem the run against the £?

Very much doubt it. Deflation is now the danger.

Reckon we're 18 months+ before base rates begin climbing again.

[Fittster]

Pushing on a String seems like favourite past time for the BoE and Mr Brown.