Bank of England Base rate & other news

[The_Equalizer]

Bank of England raises Bank Rate to 0.75%

Bank of England raises Bank Rate to 0.75% | Financial Reporter

You failed to add SAS's quote from the 22nd June. Perhaps the BoE has decided things have changed in the last couple of weeks since those wise words.

[vetran]

You failed to add SAS's quote from the 22nd June. Perhaps the BoE has decided things have changed in the last couple of weeks since those wise words.

does not compute!

[Martin@AS Financial]

Mortgage industry reacts to BoE base rate rise

Some interesting opinions here on what the rate rise means for mortgages and savers:

https://www.mortgagestrategy.co.uk/m...ase-rate-rise/

[northernladuk]

Some interesting opinions here on what the rate rise means for mortgages and savers:

https://www.mortgagestrategy.co.uk/m...ase-rate-rise/

Not much about savers in that.

[Martin@AS Financial]

Mark Carney to stay on at Bank of England until 2020

https://www.bbc.co.uk/news/business-45482461

[Martin@AS Financial]

BOE May Support Pound Amid Brighter Data, Hopes of Brexit Deal

Interesting report from Bloomberg:



https://www.bloomberg.com/news/artic...premium-europe

[Martin@AS Financial]

Bank Rate held at 0.75%: Bank of England

As you were:

Bank Rate held at 0.75%: Bank of England | Financial Reporter

[scooterscot]

"stronger consumer spending"

"Strong economy"

"record low unemployment"

These are some of the words used by MSM yesterday. So in the face of such robust economic strength the BoE keeps interest rates to 0.75%

Someone somewhere is telling porkies.

[GreenMirror]

"stronger consumer spending"

"Strong economy"

"record low unemployment"

These are some of the words used by MSM yesterday. So in the face of such robust economic strength the BoE keeps interest rates to 0.75%

Someone somewhere is telling porkies.

The economy is only held up by high house prices and has been for years. Rates have to be low to keep the emporers clothes in view.

[Martin@AS Financial]

UK interest rates on hold amid business uncertainty

Full report here:

UK interest rates on hold amid business uncertainty - BBC News