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Blog Comments posted by 247trader

  1. Interesting regarding Thursday rate rise if I’m honest. I don’t get how we’re looking at this 80% odd likelihood of a rate rise coming whilst economists are split on the effect it’ll have. The effect is surely the reason for the action... 

    saw this is city am “While most City observers now think rates will rise, economists are split as to whether hiking borrowing costs amid a weak economy – and shortly before the biggest political upheaval in 40 years – is the right course to take.”

    if it isn’t the right course then why have such a solid expectation or a rate rise? 

    The figures which have been coming out recently haven’t really supported this in all honesty? All the figures last week aswell... I thought we’d be more split. 

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