Bank of England cuts growth forecast.

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jansman
Posts: 13623
Joined: Thu Dec 30, 2010 7:16 pm

Bank of England cuts growth forecast.

Post by jansman »

Bank of England cuts growth forecast
http://www.bbc.co.uk/news/business-35493474

In one breath the political class tell us how well we are doing, then in the real world the money men tell us the way it really is! :lol:
In three words I can sum up everything I have learned about life: It goes on.

Robert Frost.

Covid 19: After that level of weirdness ,any situation is certainly possible.

Me.
Mr R
Posts: 202
Joined: Sun Sep 15, 2013 8:33 am
Location: Delightful Devonshire

Re: Bank of England cuts growth forecast.

Post by Mr R »

Interesting that Ian McCafferty has stopped voting for a rise in the rate. I wonder why.
jansman
Posts: 13623
Joined: Thu Dec 30, 2010 7:16 pm

Re: Bank of England cuts growth forecast.

Post by jansman »

Yes, that is interesting,as he has been voting for a rise since August apparently. On Radio 4 the commentator said it is more likely we could have a rate cut !
In three words I can sum up everything I have learned about life: It goes on.

Robert Frost.

Covid 19: After that level of weirdness ,any situation is certainly possible.

Me.
jansman
Posts: 13623
Joined: Thu Dec 30, 2010 7:16 pm

Re: Bank of England cuts growth forecast.

Post by jansman »

The American job figures are looking shaky too. That means a slow down there too. Just watching the spot price of pm's going up is an indication of the way the Global Economy is heading.
In three words I can sum up everything I have learned about life: It goes on.

Robert Frost.

Covid 19: After that level of weirdness ,any situation is certainly possible.

Me.