BoE: no evidence of slowing activity post-Referendum

[Forgotmylogin]

Easy way to see a Brexiter - cares more about interest rates on debt, than interest rates on his savings

Easy way to see a Bremoaner - cares more about trying to deflect the argument than simply admitting they were wrong, and that the threats made pre-vote were wrong. That and their complete cretinosity.

As I have no debts other than a mortgage which is fixed for the next 4 years, and then will hopefully be paid off completely, I am more "concerned" about savings. Then again, unless you've got a couple of million sitting in an account then savings aren't going to earn enough interest to live off in any world. You're better off with investments. So I'm not that concerned either way, although I'd prefer interest rates went up.

[DodgyAgent]

Who do you think will be paying for massive losses the City will suffer once Brexit is fully on? You!!!

You lost the argument so why not give way on something for once?

[AtW]

Easy way to see a Bremoaner - cares more about trying to deflect the argument than simply admitting they were wrong, and that the threats made pre-vote were wrong. That and their complete cretinosity.

I never predicted BoE rates to go up in event of Brexit, we'd be lucky if they stay where they are.

[Forgotmylogin]

I never predicted BoE rates to go up in event of Brexit, we'd be lucky if they stay where they are.

No-one cares what you predicted. You said...

UK banks getting ready for negative rates is a very serious tulip and this was 100% result of Brexit vote, before that the talk was serious at finally getting rates back up.

In reality, what was said pre-vote was that a vote to leave would mean mortgages would be more expensive as rates would need to rise. Can you point to your sources for "the talk was serious at finally getting rates back up", or did you make that up?

[ClothCap]

No mention of cretins yet so far

[AtW]

No-one cares what you predicted. You said...


In reality, what was said pre-vote was that a vote to leave would mean mortgages would be more expensive as rates would need to rise. Can you point to your sources for "the talk was serious at finally getting rates back up", or did you make that up?

No, what I said and meant is that in event of Remain things will go as previously planned which was increasing BoE rates to around 2% by 2017-18, there was roadmap published Google for it.

There were people who said BoE will be forced to up rates in order to defend sterling in event of leave vote - this was wrong thinking unless sterling was going to half value, BoE does not target sterling levels only inflation

[jamesbrown]

No mention of cretins yet so far

SasCretin is busy in virtual-Porto.

[AtW]

SasCretin is busy in virtual-Porto.

Portaloo....

[NotAllThere]

Easy way to see a Bremoaner - cares more about trying to deflect the argument than simply admitting they were wrong,

I voted remain because I considered that Britain would be better off inside the EU. Nothing that's happened so far has demonstrated that my view was incorrect. For all we know, instead of there simply being no slump, if the vote had been for remain, we might be booming.

and that many of the threats made pre-vote were wrong have not materialised so far, and may, in fact, never happen

FTFY

I'm actually quite glad the country's doing ok. Cameron's project Fear strategy was stupid, but not all Bremainers voted as they did out of fear - rather for the benefits of EU membership. Of course, we still have no idea how things will pan out. I hope it goes well.

btw - the pound has weakened considerably, which is generally considered to be a bad thing. So that's one threat that has happened. Of course the uber-cretinous are unable to understand the pound falling against major currencies is a bad thing.

[sirja]

I voted remain because I considered that Britain would be better off inside the EU. Nothing that's happened so far has demonstrated that my view was incorrect. For all we know, instead of there simply being no slump, if the vote had been for remain, we might be booming.

FTFY

I'm actually quite glad the country's doing ok. Cameron's project Fear strategy was stupid, but not all Bremainers voted as they did out of fear - rather for the benefits of EU membership. Of course, we still have no idea how things will pan out. I hope it goes well.

btw - the pound has weakened considerably, which is generally considered to be a bad thing. So that's one threat that has happened. Of course the uber-cretinous are unable to understand the pound falling against major currencies is a bad thing.

Very well said!!

I too voted remain because I was of the firm opinion it was the best thing for our country, and I wanted my kids to be able to enjoy the benefits I had of being able to live and work anywhere in the EU.

if everything the leavers promised comes to pass and we have rip roaring economic success then that will be excellent and I'll be more than happy to admit they were right.

However it is far to early to declare who was right and who was wrong. Lets see how things look once the negotiations with the EU are completed. I can only wish Ms May and her team the very best in their efforts to get the possible deal for our nation.