Anyone think that we'll see an interest rate hike in 2021?

Discussion in 'Economics' started by kmiklas, Oct 29, 2020.

  1. kmiklas

    kmiklas

    Nah.. they lowered rates to stoke the T economy for the election. The virus was just a façade.
     
    #21     Nov 3, 2020
  2. kmiklas

    kmiklas

    QFT. Let's touch base this time next year.
     
    #22     Nov 3, 2020
    piezoe likes this.
  3. morganist

    morganist Guest

    It might be different in America because they only have I think 10% of the government debt in the form of Index Linked Gilts, but in the United Kingdom it is 25%
    There are two other reasons why they will want to keep interest rates low, the first is to stimulate economic growth and the second is to keep the government debt repayments low.
     
    #23     Nov 4, 2020
    kmiklas likes this.
  4. piezoe

    piezoe

    answer: it will strengthen the dollar making things nominally less expensive. What citizens have to pay attention to is whether their income change exceeds inflation (the inflation that counts for them), keeps up with it, or lags.
     
    #24     Nov 4, 2020
  5. piezoe

    piezoe

    It's not muted in some sectors.
     
    #25     Nov 4, 2020
  6. Masil

    Masil

    You might be right, they can't keep it low this time, no matter how hard they try.
     
    #26     Nov 5, 2020
  7. SunTrader

    SunTrader

    Like for instance?
     
    #27     Nov 5, 2020
  8. piezoe

    piezoe

    for instance, lumber. building materials.
     
    #28     Nov 5, 2020
  9. SunTrader

    SunTrader

    Ok that's some but other than new home buyers, the rest of us ... yawn.
     
    #29     Nov 5, 2020
  10. piezoe

    piezoe

    Streaming broadcast media! +50%, Food 3.9%/12 mo. (does not affect those who don't eat), equities.
     
    Last edited: Nov 5, 2020
    #30     Nov 5, 2020