Social Media Posted November 3, 2022 Share Posted November 3, 2022 Link to comment Share on other sites More sharing options...
nigelforbes Posted November 3, 2022 Share Posted November 3, 2022 Markets took a dim view and thought the increase was far too dovish, as a consequence the value of the Pound fell. Ouch! 1 Link to comment Share on other sites More sharing options...
thaibeachlovers Posted November 3, 2022 Share Posted November 3, 2022 I had to read the headline twice as thought misread it. Having grown up earning 3% interest on a Post Office savings account and mortgage rates of ( if I remember correctly ) 9%, 3% is not much at all, unless one borrowed half a million $ to buy a house they can't actually afford. 1 Link to comment Share on other sites More sharing options...
nigelforbes Posted November 3, 2022 Share Posted November 3, 2022 Bailley's got a big mouth and the markets don't like him, the Pound is getting hammered, again, and ex. rates will suffer, even if it is only 3%. 1 Link to comment Share on other sites More sharing options...
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