If so is it likely before May?
2007-03-13 01:08:21 · 5 answers · asked by Anonymous in Business & Finance ➔ Investing
there wasn't one on Monday for mortgages going up thank god, they will keep it still till after the budget.
2007-03-13 01:13:55 · answer #1 · answered by **ZARA** 7 · 0⤊ 0⤋
American economy is doing just fine. Look at the companies most of them are doing fine. Listening to Fed the Chairman wants a soft landing. This means they don't want high growth which can be harmful by way of inflation picking up or overcooling which can stagnate the economy to slump. So they are doing the balancing act. If inflation is too severe they will raise interest rates fearlessly. If the inflation numbers are going horizontal they will be reluctant to raise for fear of over pressurising the economy to slump. It all depends on how everyone especially the manufacturers see through this and help in the balancing act.
2007-03-13 12:54:05 · answer #2 · answered by Mathew C 5 · 0⤊ 0⤋
You can't really predict them, but the analysts were a bit shocked that it didn't happen last time round, so expect one soon...
2007-03-13 08:12:13 · answer #3 · answered by mark 7 · 0⤊ 0⤋
Looks like they might go up again soon:
http://uk.news.yahoo.com/08032007/325/bank-england-keeps-rates-steady.html
2007-03-13 08:15:24 · answer #4 · answered by Mad Professor 4 · 1⤊ 0⤋
not likely they would not dare they are muppets at the Bank of England.
2007-03-13 08:12:51 · answer #5 · answered by Anonymous · 0⤊ 2⤋