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General (main property discussion here) - Rate change tomorrow?

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John Grigg
Wed 3 Nov 2004
13:53
201 posts

Must held at 4.75%?

Julian Schiller
Sat 6 Nov 2004
14:08
152 posts

You were right John. Think there was no option here. Inflation at bay with oil prices down from the highs, output this quarter at 0.4% down from 0.9% last etc.

Interestingly many city economists are predicting no more hikes and that rates are likely to fall next year. Perhaps 4.25% by middle next year.

Ill start a new thread on furture interest rates.

Julian

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