Interest rate rise was to try to increase the value of the pound so that
inflation would be reduced.... but value of pound has dropped on the rate rise news... so will increase inflation and cause people to have less money to spend.
Posted By: Larry Hagman on November 2nd 2017 at 12:35:40
Message Thread
- Interest rate rise was to try to increase the value of the pound so that (NCFC) - Larry Hagman, Nov 2, 12:35:40
- Don’t the Government get loads more in tax with high inflation? (NCFC) - Gob on a Stick, Nov 2, 17:24:25
- Markets (and everyone else) knew what was going to happen today (NCFC) - Azteca, Nov 2, 12:51:40
- and markets forecast for 2 more rate rises during the next 3 years (n/m) (NCFC) - Larry Hagman, Nov 2, 13:25:05
- That won't be enough to keep the pound's value up (n/m) (NCFC) - mr carra, Nov 2, 13:25:54
- A lot is down to Brexit. Pound will rise again 'if' a good new deal with the EU (NCFC) - Larry Hagman, Nov 2, 13:40:12
- That won't be enough to keep the pound's value up (n/m) (NCFC) - mr carra, Nov 2, 13:25:54
- and markets forecast for 2 more rate rises during the next 3 years (n/m) (NCFC) - Larry Hagman, Nov 2, 13:25:05
- pound dropped because they said they'd be very cautious about making future rises (NCFC) - mr carra, Nov 2, 12:38:54
- Yes, exactly. (NCFC) - SimonOTBC, Nov 2, 12:46:45
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