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- เผยแพร่เมื่อ 19 มิ.ย. 2024
- The Bank of England's nine-person Monetary Policy Committee voted 7-2 in favour of holding interest rates at 5.25% for the seventh time in a row.
This will come as a blow to borrowers, who will continue to pay a high rate on any loans they take out - like mortgages.
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Inflation 2% and interest rates 5.25% funny!
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+1838
Fast to go up slow to go down as always
Although inflation rates have fallen to 2% they are not what they should be at. Items and services are priced well over what they should be and need to come down further.
Since 2020 inflation has gone up 20%, hence the ridiculous prices of everything.
They should raise it to 20% and then 5th of November going to happen in UK 😂
I'm starting to think that they have forgotten how to change it.
Absolute madness. Inflation is at the target rate. Bring interest rates down.
Inflation is only one factor when the banks decide to alter the interest rate. Clearly the other factors are not being met.
It’s only money don’t worry about it 👌👍
It’s slightly above the target rate so please be quiet
@@TrafficConeGD No it isn't. Target rate is 2%. Inflation is 2%.
Fake fiat currency, fake parliament, the UK is a joke.
It's time to sake Bank of England not cutting Intrest rate waiting to new Government
Explain the difference between growth and inflation.... IMO they're the same. Growth is just the buzz word used to make the common man think inflation is good for him.
I understand mortgages
Bizarre
BoE making disposable income a thing of the past for mortgage payers.
Well it was founded by a pirate.
Incompetent Sunak and entire Tories Goverment.We welcome Labour on power and their housing plans in future.
I love saving
should be higher. Lets get inflation to negative
^ retard alert
Deflation is incredibly damaging for the economy.
@@RaRa-eu9mwhow exactly? Inflation was minus 0.1% for centuries until the fraudulent banking system started up.
@@RaRa-eu9mw 😂 absolute rubbish
@@metalicminer6231 Deflation discourages investment and spending, reducing economic activity, and it increases the cost of debt, leading easily to a deflationary spiral.
Why isn't the target zero?
Japan did that and it didn't go well
It's bad for the economy - inflation at a positive amount encourages spending and thus stimulates economic growth.
It's how the banks rob the people...
The bank was slow to raise them and will be slow to lower them.
Recession incoming!
Put it up to 60% 👍
That's crazy when inflation is supposedly 2%. Doesn't add up.
The use monetary policy is like turning a steering wheel that isn't attached to the car
Good! Got no debt, only savings, so raise it even more I say.
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Wait. It's not the evil killer spirits, it's the evil murder spirits
The world is like an addict waiting for its next fix of artificial low rates.
Artificial. Please explain.
Artificial? this is the base rate and it's off the charts, my own mortgage rate that I signed yesterday is 2 full points lower. But then I'm in the EU.
@@user-dw3fx1jp2v the whole period between 2009 and 2022 when base rates were sub 1%, that is never going to happen again.
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No wonder inflation is down due to interest rate is gearing up in regular basis😅😅
Bank of England 😂 run by penny chews
Labour :
1. no Plan ,
2. increase Tax ,
3. Print Money ,
4. Repeat .
More inflation , more Boats , more poverty
Islam fights both inflation and poverty
"Allah condemns exploitation, and He blesses charities. Allah does not love any disbelieving sinner."
Quran 2:276
Islam brings peace and mercy to society
😂