Chit Chat
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to give business confidence any rate rises will be minimal and over a longer period.
latest
larger, more frequent, + more off
to give business confidence any rate rises will be minimal and over a longer period.
latest
larger, more frequent, + more off
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Replies: 16
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It's almost like he doesn't believe in sticking to something he said some years ago when evidence since suggests that doing so would be a bad move. We should applaud when someone in a senior position can accept a previous decision was flawed or since made to be flawed and corrects it, rather than sticking to the original course to save face or because others want him to.
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Quite, but should we not also wonder where he's getting his figures from? Is this the same Mark Carney who warned us our children would be carried off by pterodactyls if we voted to leave the EU?
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Mark my words.... 2/10
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just another guesser on big money
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2 rises in 2 years to 1.0% becomes 3 rises to 1.25% in a slightly longer scale
well as time has passed you would expect him to look further ahead you would think his readiness to talk about rate rises would be taken as a signal that things were tickety-boo, and good news. hey ho |
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Rate rises would be outstandingly good news for just about all of us. The era of cheap credit has seen a massive transference of wealth to those with access to it and has done a lot to facilitate the rise of populism both here and abroad.
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This bloke hasn't got any real clue. Who cares what Carney says he's often wrong, it's guess work. We are in Mystic Meg territory with him, he needs to go.
Where do I apply for the job ? |
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Tell Del - leaving aside that he is a bright bloke AND that loads of people care about what he says because of the job he holds, what is your take on interest rates?
Virtually all the information available to him is easily available to you. Presumably you will have a view, given your stated position re his capabilities. |
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don't listen to what the Carney says, he has spent his time saying one thing and doing the opposite
its a semi skilled job at best its yours if you want it Tell Del start by putting interest rates up to 5% |
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My question is, "Why the heck do we have a Canuck as the BoE boss?"
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Blackbarn, please state where this bright bloke has got any predictions correct ? you wont at a guess.
He has got every single prediction wrong, the bloke is a puppet. |
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Carney is what an intelligent person looks like, to a stupid person
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he tried to wreck brexit
hope this helps |
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why are there so many foreigners interested in wrecking brexit
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"what is your take on interest rates ?"
It’s not good for any economy to hold interest rates below the rate of inflation coz interest rates are what protect your money from losing value. Having rates so low also encourages poor borrowing decisions, you should have some thought of the impact if there is a modest rise e.g. to a more realistic rate of say 2%. A lot of expert opinion makers and Carney have been totally wrong with their predictions. Not surprising why lot of people no longer have faith in 'experts'. I make it a point not to believe anything especially if it is written on the side of a bus ! Blackbarn - if you think Mr Carney is competent enough to be in such an important job, fine, that is your opinion, I liked him at the start. But my opinion changed when he chose to become involved in the political debate prior to the EU Referendum by deliberately attempting to frighten the public. Almost everything he said was wrong. |
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seems he gets it right , and is respected
he can only crunch the numbers and guess what will happen he wasnt to know that all these months later we would not have split from eu, yet he will be a tough act to follow |