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Anatole Kaletsky in today"s Times headlined "Emergency: intensive care needed". The British economy is in "big trouble", according to Kaletsky, and needs the MPC to cut the base rate by at least 50bp today to counter "possible disasters ahead". Fat chance.. 1/4 will do it...:
it went north! barstard. i lost a bit in the last 30 minutes. oh well. take the good with the bad. the market had obviously fully priced it in. what did the BoE say that made the market go up? ruling out further cuts due to inflation fears?
it went north! barstard. i lost a bit in the last 30 minutes. oh well. take the good with the bad. the market had obviously fully priced it in. what did the BoE say that made the market go up? ruling out further cuts due to inflation fears?
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