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Faster interest rate rises than anticipated?

(4 Posts)
FabulousSophie Fri 10-Aug-18 09:00:27

The £ is now down to $1.275 since Mark Carney verbally trashed it last week. How low will it be allowed to fall before the BoE is forced to raise interest rates again?

Alexalee Fri 10-Aug-18 09:35:23

Or just tell Carney to stop trash talking the pound... you don't hear Draghi trashing the Euro even though it is in much bigger trouble than the pound

FabulousSophie Fri 10-Aug-18 09:49:39

Now Carney has trashed the £, the only thing he could really say to lift it is that interest rates may be going up faster than he expected last week.

scaryteacher Sat 11-Aug-18 13:10:59

They are still very low though - they have some way to go before we hit the giddy heights of the post ERM spike, and the days when I was delighted to get a fix at 10.8%!

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