Lee54 Posted October 29, 2008 Share Posted October 29, 2008 The US Federal Bank has just cut the interest rate by a further .5% bringing the rate down to just 1%, UK may follow with a rate cut Link to comment Share on other sites More sharing options...
Pat Ayres Posted October 29, 2008 Share Posted October 29, 2008 A week before a national election the ruling (losing) administration reduce the cost of living, nice going boys. Link to comment Share on other sites More sharing options...
manshimajin Posted October 29, 2008 Share Posted October 29, 2008 ...and they still have up to 4 cuts of 0.25% left. What do people think the BoE and the ECB will cut by? 0.25%, 0.5% or the full 1%? As someone from the FT said on the BBC this morning a recession takes inflation out of the equation as prices have to be reduced in order to sell anything. I should like to see some bravery from the BoE and for them to go for a full 1% - but if they did I would also want to see banks passing this on to business and personal clients. I can't imagine the ECB getting past 0.5%. Link to comment Share on other sites More sharing options...
Albert Tatlock Posted October 29, 2008 Share Posted October 29, 2008 Cut the rate too much and you run the risk of sending sterling further down the pan as well as risk a rise in inflation. Not enough and you do little to stimulate lending. I bet it gets cut by 0.5% - the compromise approach. Link to comment Share on other sites More sharing options...
Thunderstruck Posted October 29, 2008 Share Posted October 29, 2008 The US Federal Bank has just cut the interest rate by a further .5% bringing the rate down to just 1%, UK may follow with a rate cut I was watching sky chnl 200 before - "it shows all the hidden agenda thats going on in the world". on america: freedom to facism, it explained all about how the FEDERAL BANK, is just a load of shit, and with the amount of american debt etc, the dollar is only worth around 4 pence! you might want to educate yourselfs? Link to comment Share on other sites More sharing options...
Jimcalagon Posted October 30, 2008 Share Posted October 30, 2008 I was watching sky chnl 200 before - "it shows all the hidden agenda thats going on in the world". on america: freedom to facism, it explained all about how the FEDERAL BANK, is just a load of shit, and with the amount of american debt etc, the dollar is only worth around 4 pence!you might want to educate yourselfs? You might want to try some of that education lark as well. I suggest starting with spelling and punctuation. I also suggest not believing everything you see on TV. Link to comment Share on other sites More sharing options...
Sebrof Posted October 30, 2008 Share Posted October 30, 2008 I was watching sky chnl 200 before - "it shows all the hidden agenda thats going on in the world". on america: freedom to facism, it explained all about how the FEDERAL BANK, is just a load of shit, and with the amount of american debt etc, the dollar is only worth around 4 pence!you might want to educate yourselfs? You might want to try some of that education lark as well. I suggest starting with spelling and punctuation. I also suggest not believing everything you see on TV. Especially what you see on channels owned by Richard Murdoch. S Link to comment Share on other sites More sharing options...
Pat Ayres Posted October 31, 2008 Share Posted October 31, 2008 I was watching sky chnl 200 before - "it shows all the hidden agenda thats going on in the world". on america: freedom to facism, it explained all about how the FEDERAL BANK, is just a load of shit, and with the amount of american debt etc, the dollar is only worth around 4 pence!you might want to educate yourselfs? You might want to try some of that education lark as well. I suggest starting with spelling and punctuation. I also suggest not believing everything you see on TV. Especially what you see on channels owned by Richard Murdoch. S Especially that which you see on etc: Link to comment Share on other sites More sharing options...
Sebrof Posted October 31, 2008 Share Posted October 31, 2008 I was watching sky chnl 200 before - "it shows all the hidden agenda thats going on in the world". on america: freedom to facism, it explained all about how the FEDERAL BANK, is just a load of shit, and with the amount of american debt etc, the dollar is only worth around 4 pence!you might want to educate yourselfs? You might want to try some of that education lark as well. I suggest starting with spelling and punctuation. I also suggest not believing everything you see on TV. Especially what you see on channels owned by Richard Murdoch. S Especially that which you see on etc: You must be American if you think "that which" is more acceptable than "what". S Link to comment Share on other sites More sharing options...
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