Will the Bank of England raise interest rates today, leave them unchanged, or lower them? What signal will this send to the economy?
2006-08-02 20:59:34 · 5 answers · asked by grpr1964 4 in News & Events ➔ Current Events
I think they will go up 1/4 % today...... gas prices and house prices will force the rate up I think in order to keep inflation under control. If they don't rise today then they certainly will next month.
2006-08-02 21:16:33 · answer #1 · answered by little weed 6 · 8⤊ 3⤋
I imagine they will stay the same. Although given that house prices are still rising there may be pressure to put them up slightly in the future.
2006-08-02 21:09:21 · answer #2 · answered by RSWN 2 · 0⤊ 0⤋
they'll stay the same this time then raise 1/4% next time.
Its still a good economy for now, but we've gotta stop borrowing or this country will go to pot!
2006-08-02 21:03:15 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I think they'll go up 0.25%, for the reasons given already by little weed.
2006-08-03 00:08:45 · answer #4 · answered by david 2 · 0⤊ 0⤋
cost more to borrow hence price rises
2006-08-03 00:07:35 · answer #5 · answered by Anonymous · 0⤊ 0⤋