Yesss keep cutting those rates...Bank of England cuts rates to 0.25%

S

S2007S

Yep only time before the world goes into NEGATIVE INTEREST rate mode...a few are already there and many are coming to join...its going to be an epic moment....and to think the bank of England kept rates at 0.50% for the last 7+ years....a quarter point reduction will do absolutely nothing for the slowdown that's coming....aside from that the central banks cut 2017 growth forecasts from 2.3% to a whopping 0.8% citing "substantial uncertainty".....

http://www.cnbc.com/2016/08/04/bank...he-first-time-in-over-seven-years-to-025.html


No where for interest rates to go but down and that's where all rates are headed....NEGATIVE INTEREST RATES are going to be the new trend in the next 12-24 months around the world.......the central banks can keep lowering rates and keep pumping money into the system, it will NEVER work... The bursting of the debt bubble is soon to come...
 
Mark Carney has been a Central Banker for near enough 10 years now and he's never raised rates once.

I wouldn't be surprised if some of the CB jackasses are thinking about abolishing rates altogether. I'm sure if they adjust their models enough the models will say that's fine.
 
AbbotAle said:
Mark Carney has been a Central Banker for near enough 10 years now and he's never raised rates once.

I wouldn't be surprised if some of the CB jackasses are thinking about abolishing rates altogether. I'm sure if they adjust their models enough the models will say that's fine.
More...
You're incorrect... He did raise rates in Canada in 2010.
 
S2007S you keep making the same post and depending on the flavor of the day
it is about BOE, BOJ, ECB, FED, BOC...
You are onto something but what is it? Every generation or so it seems
the control and permission system gets a makeover.
It may very well be that crying for higher rates nowadays is similar
to crying for $35/oz gold in 71. As Mr. Rate said:
"World ain't what it seems is it, Gunny? You keep that in mind.
The moment you think you got it figured, you're wrong."
 
What do they expect to accomplish by reducing rates?
I can understand reducing them from 5-4.5 or 4-3 percent.

But reducing them from .5-.25 is not going to do anything.
If you are running a business and you can't finance your operations at .5% ( or the market equivalent) , .25 % is not going to make you successful.

What it will do is encourage investors to look somewhere else to put their money when they want to buy a bond.

But like Felix suggested above.....something is going on behind closed doors that the central bankers know about that the man on the street doesn't. I wonder if the situation is much worse than we know.
 
Martinghoul said:
You're incorrect... He did raise rates in Canada in 2010.
More...

Like the lifelong drunk lying on the floor who says, "I waassss sooobbbberrr for 3 months back in 2010"...
ecb_vs_fed_etc_balance_sheet3.png
 
"Bank of England action means we're in QE easing infinity, experts says"

http://www.cnbc.com/2016/08/04/bank...quantitative-easing-infinity-expert-says.html

Hmmmm I have been mentioning QE infinity since the fed started cutting rates years ago and it took the experts today to notice that since bank of England cut rates that now we are set to have QE infinity?
QE is all the central banks know.....but what they don't know is how it's destroying everything world economy.
 
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