Economics
1 lurker |
24 watchers
Oct 2022
1:51pm, 20 Oct 2022
11,578 posts
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lammo
Be interesting to see what the market response is to the recent news... or will there be a delay to see who's up next? Surely Sunak is the best option for them, second in the race and some economic credibility (if that factors into their thinking) |
Oct 2022
2:01pm, 20 Oct 2022
66,114 posts
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GlennR
Not much yet. A slight uptick then a fall back
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Oct 2022
2:32pm, 20 Oct 2022
34,938 posts
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Ocelot Spleens
Sunak is as divisive as Truss I terms of Tory bigotry, that won't happen. Truss just about staged a coup with her cabinet!, let alone the fact she was clueless, who knows really except the Tories are now in unchartered territory as they will elect a leader that will have to follow a set of policies the membership didn't vote for, let alone the rest of the country..... |
Oct 2022
11:04am, 21 Oct 2022
286 posts
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MAG
I hate the fact, but it will be Boris who returns. Boris is the logical choice for the Tories, but I cant stand the man as a politician although he was fine on Have I Got News for You. Who ever gets the PM job will have to unite the party and all three frontrunners have issues on that front....but Boris was elected by the people and has the best chance. Therefore he has a best chance of getting individual MP's reelected in 2024....which is their primary goal. Talking about Johnson what is he doing on holiday in the Bahamas he is a sitting MP, should he not be representing his constituents as the UK goes through a rough time? |
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Oct 2022
11:32am, 21 Oct 2022
34,955 posts
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Ocelot Spleens
Why now? He never has before.
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Nov 2022
1:41pm, 2 Nov 2022
11,604 posts
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lammo
So BoE Interest Rates decision published on Thursday, BBC are saying it could up 0.75% to 3%, i think that's quite the jump and they might go for 0.5% again... bbc.co.uk |
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Nov 2022
11:06pm, 2 Nov 2022
66,295 posts
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GlennR
Anyone’s guess. The Fed added 75 bp today, but I thought the BoE would follow last time and they didn’t.
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Nov 2022
12:03pm, 3 Nov 2022
11,613 posts
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lammo
Yikes 75bp's it is, now 3%
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Nov 2022
12:29pm, 3 Nov 2022
66,298 posts
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GlennR
Currency markets not impressed.
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Nov 2022
12:40pm, 3 Nov 2022
35,067 posts
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Ocelot Spleens
They're, news talking heads that is, saying the interest rate is going yo max out at 5% now, a few weeks back it was touted to be higher. The downside is there will be a reccession, some two years or so, unemployment to double. The US has raised it's interest rate too. Very old fashioned view but the value of the pound reflects the state of the country's economy, and it isnvery good. |
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