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By (user no longer on site) OP 51 weeks ago
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"ECB decision at 1:30
The FED did and said things too ..
Oil prices are are doing things"
ECB at 1.15pm. Fed last night held steady but announced a likelihood of 3 cuts next year.
Oil prices holding steady with Brent at about $74.
Basically, your petrol price is likely to be cheaper next week. |
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By (user no longer on site) OP 51 weeks ago
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"You’ve lost mine with this post  
I'll be bringing scones and fried egg flavoured crisps to the picnic. Did that prick your eyes up?
M
Ooh scones!  "
Yeah!! Save room for some. |
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By (user no longer on site) 51 weeks ago
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"You’ve lost mine with this post
I'll be bringing scones and fried egg flavoured crisps to the picnic. Did that prick your eyes up?
M
Ooh scones! "
Get out of here! |
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"ECB decision at 1:30
The FED did and said things too ..
Oil prices are are doing things
ECB at 1.15pm. Fed last night held steady but announced a likelihood of 3 cuts next year.
Oil prices holding steady with Brent at about $74.
Basically, your petrol price is likely to be cheaper next week."
What about energy prices. Conflicted at the moment whether to fix as though are up in January the feeling is will go down after that |
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By (user no longer on site) OP 51 weeks ago
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"
What about energy prices. Conflicted at the moment whether to fix as though are up in January the feeling is will go down after that"
.
Energy is a little harder to call because it's a corporate decision on how they want to price it to their customers.
The market is pricing a fall in price because with cuts in US interest rates, US$ will decline against £.
OPEC threatened big cuts in production at their meeting earlier this month but some smaller members have already announced that they won't comply, hence oil price is staying steady at an average rate between US$65-80; at US$75 today, it's the same as it was in 2021, having peaked at over US$135 in March 2022.
HOWEVER, as a business, the energy suppliers don't price it that way with their customer. The best I can say is that they have no reason to increase their prices given the relative stability in recent months. |
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"
What about energy prices. Conflicted at the moment whether to fix as though are up in January the feeling is will go down after that
.
Energy is a little harder to call because it's a corporate decision on how they want to price it to their customers.
The market is pricing a fall in price because with cuts in US interest rates, US$ will decline against £.
OPEC threatened big cuts in production at their meeting earlier this month but some smaller members have already announced that they won't comply, hence oil price is staying steady at an average rate between US$65-80; at US$75 today, it's the same as it was in 2021, having peaked at over US$135 in March 2022.
HOWEVER, as a business, the energy suppliers don't price it that way with their customer. The best I can say is that they have no reason to increase their prices given the relative stability in recent months."
I decided to fix it for two tlyears in case it goes up a lot. If it goes down will not be that much I think so seems the best option for me anyway. |
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By (user no longer on site) OP 51 weeks ago
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"
I decided to fix it for two tlyears in case it goes up a lot. If it goes down will not be that much I think so seems the best option for me anyway. "
That's sound reasoning.I think they're loathed to lower prices much once they've been able to hike them.
M |
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By (user no longer on site) OP 51 weeks ago
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It's has remained at 5.25% in today's announcement BUT 3 of the 6 committee members voted to increase it to 5.5%.
For those interested:
In November, the report suggested that the Bank Rate will remain around 5¼% until 2024 Q3 and then decline gradually to 4¼% by the end of 2026.
Next update, ECB report at 1.15pm. I'll bet you can't wait!!
M |
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"It's has remained at 5.25% in today's announcement BUT 3 of the 6 committee members voted to increase it to 5.5%.
For those interested:
In November, the report suggested that the Bank Rate will remain around 5¼% until 2024 Q3 and then decline gradually to 4¼% by the end of 2026.
Next update, ECB report at 1.15pm. I'll bet you can't wait!!
M"
Riveting  |
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By (user no longer on site) OP 51 weeks ago
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"It's has remained at 5.25% in today's announcement BUT 3 of the 6 committee members voted to increase it to 5.5%.
For those interested:
In November, the report suggested that the Bank Rate will remain around 5¼% until 2024 Q3 and then decline gradually to 4¼% by the end of 2026.
Next update, ECB report at 1.15pm. I'll bet you can't wait!!
M
Riveting "
I told him he will be very lonely at the next social if he carries on
T |
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By (user no longer on site) 51 weeks ago
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"It's has remained at 5.25% in today's announcement BUT 3 of the 6 committee members voted to increase it to 5.5%.
For those interested:
In November, the report suggested that the Bank Rate will remain around 5¼% until 2024 Q3 and then decline gradually to 4¼% by the end of 2026.
Next update, ECB report at 1.15pm. I'll bet you can't wait!!
M
Riveting
I told him he will be very lonely at the next social if he carries on
T"
Unless he brings scones |
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"It's has remained at 5.25% in today's announcement BUT 3 of the 6 committee members voted to increase it to 5.5%.
For those interested:
In November, the report suggested that the Bank Rate will remain around 5¼% until 2024 Q3 and then decline gradually to 4¼% by the end of 2026.
Next update, ECB report at 1.15pm. I'll bet you can't wait!!
M
Riveting
I told him he will be very lonely at the next social if he carries on
T
Unless he brings scones "
scones or scones? |
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By (user no longer on site) OP 51 weeks ago
|
"It's has remained at 5.25% in today's announcement BUT 3 of the 6 committee members voted to increase it to 5.5%.
For those interested:
In November, the report suggested that the Bank Rate will remain around 5¼% until 2024 Q3 and then decline gradually to 4¼% by the end of 2026.
Next update, ECB report at 1.15pm. I'll bet you can't wait!!
M
Riveting
I told him he will be very lonely at the next social if he carries on
T
Unless he brings scones "
The healing & bonding power of carbs
T |
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By (user no longer on site) 51 weeks ago
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"It's has remained at 5.25% in today's announcement BUT 3 of the 6 committee members voted to increase it to 5.5%.
For those interested:
In November, the report suggested that the Bank Rate will remain around 5¼% until 2024 Q3 and then decline gradually to 4¼% by the end of 2026.
Next update, ECB report at 1.15pm. I'll bet you can't wait!!
M
Riveting
I told him he will be very lonely at the next social if he carries on
T
Unless he brings scones
scones or scones? "
Scones obvs  |
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