Robw54
Member
- Location
- derbyshire
Well its on the cards for Nov and I might well have to eat my hat as I thought nothing till post brexit. Bank will lose their last bit of credibility if it does not follow through.
What if anything will it do to asset prices? Taking inflation into account in our area assets haven't risen that much since 2007. Rates of over 2% now achiveable on cash and looking at the yield on let's it wouldn't take much more than a couple percent to make cash in the bank a better bet.
Doesn't bode well when these prices were supported by 5% rates in 2007 and I can't see the market standing it today. Much higher inflation on the way?
What if anything will it do to asset prices? Taking inflation into account in our area assets haven't risen that much since 2007. Rates of over 2% now achiveable on cash and looking at the yield on let's it wouldn't take much more than a couple percent to make cash in the bank a better bet.
Doesn't bode well when these prices were supported by 5% rates in 2007 and I can't see the market standing it today. Much higher inflation on the way?