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    Re: Sterling

    Posted by The Questioner on 4/2/2023, 8:57:23, in reply to "Re: Sterling"

    I know you spend all day looking for news that you think is negative to post on here to slag the Government off. Your poor family.
    However I have previously and will again spent some of my free time going to schools and taking part in company schemes helping to educate young adults in finance ….so whilst I doubt you fall into that category ( probably bitter old man who is pissed as achieved #### all ) I am going to try.
    When the BOE announced a .50% base rate cut this week sterling briefly rallied until the details came out suggesting that this may be the end of the tightening cycle. When the ECB did the same (raised by .50% ) their rhetoric was very different inferring higher rates to come.
    So let’s keep it simple for you… I have cash … where can I get a the best return….
    Tbf it’s not just about higher rates but that’s the main driver…now are you pleased that we may not have to increase rates further or can you find a negative spin on that ?

    Message Thread | This response ↓

  • Sterling - Number Cruncher 3/2/2023, 15:49:11
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    Reply

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