Inflation

[tuffers#1]

We took back control of f*cking up our own economy. Take that, remoaners!

So project I TOLD YOU SO it was then !

[Dunners]

Anyone else watching the MPC press conference? I must say, Andrew Bailey does seem to find a lot to laugh and smile about. He's clearly enjoying himself.

[Long slender neck]

Are food and energy costs down to Brexit then?

[Max B Gold]

Are food and energy costs down to Brexit then?

Food - Yes. Energy - probably not.

[Long slender neck]

Prove it.

[Max B Gold]

Prove it.

You disprove it.

[RedDwarf 1881]

Are food and energy costs down to Brexit then?

No , up because of the war in Ukraine which has pushed up the price of energy . However food prices “might” come down slightly because Russia has agreed to let Ukrainian wheat leave port. Just have to make sure that port isn’t used for military purposes or Russia will blockade it again.

[RedDwarf 1881]

Are food and energy costs down to Brexit then?

Food - Yes. Energy - probably not.

Food -No Energy- No . Everything is stemming from the high cost of energy due to the war in Ukraine . Believe it or not it’s also hitting the wonderful ( get nothing wrong , all singing all dancing ) EU.

[Max B Gold]

Are food and energy costs down to Brexit then?

Food - Yes. Energy - probably not.

Food -No Energy- No . Everything is stemming from the high cost of energy due to the war in Ukraine . Believe it or not it’s also hitting the wonderful ( get nothing wrong , all singing all dancing ) EU.

It's not all down to rising energy costs. Brexit generated supply chain issues and price gouging are part of it too.

[Dunners]

The MPC has voted raise the base rate to 3.5%.

Apparently the vote was split three ways - Six in favour of the 0.5% increase, one wanted a bigger hike, and two voted for a pause in tightening.

[Max Fowler]

The MPC has voted raise the base rate to 3.5%.

Finally, some good news.

[Max B Gold]

At last I will get a decent return on my savings.

[Dunners]

The MPC has voted raise the base rate to 3.5%.

Finally, some good news.

And what's even better is that, as the BoE is clearly tracking the Fed, we could see rates increase above 5% next year.

[tuffers#1]

The MPC has voted raise the base rate to 3.5%.

Finally, some good news.

And what's even better is that, as the BoE is clearly tracking the Fed, we could see rates increase above 5% next year.

2 examples of the HUGE DECLINE in Standards of WUMMERY right here , I Expect this 5h!t from the frankfurter , but Dunny , What has happened to you ?

[Dunners]

FFS. Even Russia is forecast to do better than the UK.

[LittleMate]

But Russian "growth" is against a backdrop of a c.4% decline in 2022.

[tuffers#1]

Interest rates upto 4 % about to go into recession , Its going to get bumpy .

[Rich Tea Wellin]

What shall i invest my fortune in now interest rates are up again?

That's to cover my shopping. I got and do a 'big-ish' every two weeks and the it goes up between £10-15 every month.

[tuffers#1]

Interates on the Up again !

[The Mindsweep]

What shall i invest my fortune in now interest rates are up again?

That's to cover my shopping. I got and do a 'big-ish' every two weeks and the it goes up between £10-15 every month.

Just spend it as fast as you can. Evil AI will take it soon otherwise

[Long slender neck]

Not sure raising interest rates works. Inflation is affecting food and energy, are we supposed to all eat value food until manufacturers drop their prices?

[ComeOnYouOs]

Not sure raising interest rates works. Inflation is affecting food and energy, are we supposed to all eat value food until manufacturers drop their prices?

100% agree with this ( wow)....Interest rates have been rising for a number of months now, and inflation, particularly food inflation is still rising, so the interest rates increases are not working.
This inflation is different from inflation in the past, and interest rate increases are not touching it.
Greed is firing this inflation imo

[Max B Gold]

Not sure raising interest rates works. Inflation is affecting food and energy, are we supposed to all eat value food until manufacturers drop their prices?

Porridge remains stubbornly affordable.

[Long slender neck]

Its just making peoples mortgage/rent more expensive

[Orient Punxx]

Not sure raising interest rates works. Inflation is affecting food and energy, are we supposed to all eat value food until manufacturers drop their prices?

No they just don’t want you to eat at all, which will ultimately help the supply issues caused by Brexit. Tesco veg shelves empty when I visited the other day!