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post #71 of 78 (permalink) Old 22-11-2021, 17:17
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Hooray! My pension was more this month - 1.76 more

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post #72 of 78 (permalink) Old 22-11-2021, 18:00
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Yes Paul, mine was about the same as there must have been a little spike last month on the payment day.

Ray.
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post #73 of 78 (permalink) Old 23-11-2021, 14:36 Thread Starter
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Looks like Paul and Ray have spent their pension and brought the rate down
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post #74 of 78 (permalink) Old 01-12-2021, 19:34
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Its lost over 2 Cents.

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post #75 of 78 (permalink) Old 01-12-2021, 21:00
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Yep hopes and expectations of an interest rate rise have been dashed by the governor confirming that the rise during November was largely due to speculation.

https://www.google.com/amp/s/uk.fina...150527562.html

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post #76 of 78 (permalink) Old 01-12-2021, 21:08
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So thats almost 11 years of burger all interest.

Ray.

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post #77 of 78 (permalink) Old 01-12-2021, 23:52
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Quote:
Originally Posted by Glandwr View Post
Yep hopes and expectations of an interest rate rise have been dashed by the governor confirming that the rise during November was largely due to speculation.

https://www.google.com/amp/s/uk.fina...150527562.html
Can't open the link, but the articles that I read started in about late September with MEPC Members and the BoE Governor briefing the Press that interest rates would need to rise to meet the inflation control targets, but balancing this aim against the threat of depressed of consumer demand [especially after the NI and other tax increases] to avoid the repeat of the stagflation of the late 1980s

Late October saw the rate rise confirmed,the only debate being whether to make it in 2 or 3 hits and the dates on which they would occur


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Last edited by marchie; 01-12-2021 at 23:55.
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post #78 of 78 (permalink) Old 02-12-2021, 00:39
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Quote:
Originally Posted by marchie View Post
Can't open the link, but the articles that I read started in about late September with MEPC Members and the BoE Governor briefing the Press that interest rates would need to rise to meet the inflation control targets, but balancing this aim against the threat of depressed of consumer demand [especially after the NI and other tax increases] to avoid the repeat of the stagflation of the late 1980s

Late October saw the rate rise confirmed,the only debate being whether to make it in 2 or 3 hits and the dates on which they would occur


Steve
Hence the pound rising against the euro for the last 2 months. Now 2 cents down after the governor of the BoE said that rates are now unlikely to rise because of the Covid overhang.

A big disappointment to those thinking that the pound was rising and euro falling because there had been a glimpse of the post brexit sunny uplands
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