Rat and Mouse
Thu
09
Feb
No move on interest rates, but more QE

Interest rates remain at 0.5%, where they've been since March 2009. There was little expectation of (or appetite for) a move either up or down. The big news, however, is a further £50bn in quantitative easing, bringing the running total to £325bn. More here.

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Comments

The chances of Mervyn raising interest rates this year seems unlikely. Because of the housing shortage the gov are trying to entice buy-to-let landlords into the market, if interest rates did increase it would cause a major problem for the private rented sector.

http://www.landlordportfolio.com

Posted by Shalli at February 12, 2012 3:27 PM


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