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Cutting interest rates if "that turns out to be necessary"

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Cutting interest rates if "that turns out to be necessary"

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pcernie

Legend

Joined: Sun Apr 26, 2009 12:30 pm
Posts: 45931
Location: Belfast

Cutting interest rates if "that turns out to be necessary"

http://www.bbc.co.uk/news/business-18587254

I could see Merv getting an email along the lines of, 'Keep it fcuking light next time, eh?!' :lol:

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Tue Jun 26, 2012 10:19 pm

mikepgood

Doesn't have much of a life

Joined: Thu Apr 23, 2009 6:23 pm
Posts: 710

Re: Cutting interest rates if "that turns out to be necessary"

I still think that reducing the rates that the money was lent to businesses would be better, some sort of cap. The differential is too great.

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Wed Jun 27, 2012 7:44 am

hifidelity2

I haven't seen my friends in so long

Joined: Fri Apr 24, 2009 1:03 pm
Posts: 5041
Location: London

Re: Cutting interest rates if "that turns out to be necessary"

Well they cant cut them much further as they are 0.5% - down to 0.25 or 0.1% (which for me is fine as I have a tracker Mtg so my rate will fall)

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Thu Jun 28, 2012 10:50 am

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