low interest rates until at least end 2010?

T

TRipley

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Some analyst commentary I found following last Thursdays rate decision - may help some decide whether to stay on variable or to fix........

I guess the $64,000 question that no one knows is what happens in 2 years time!?



Most analysts believe ECB rates have reached their lowest point and will stay there until at least the end of next year. However, questions remain on the chances of their falling later.
Mr Trichet said that he did not rule out lower rates in future. 'As regards the question on interest rates, I would say that they are appropriate,' Trichet said.
 
I can't see the interest rate staying this low for much longer as things are supposed to be picking up so you can garuantee interest rates will follow i think they will go up before xmas.....
 
SLIGHT EDGE said:
I can't see the interest rate staying this low for much longer as things are supposed to be picking up so you can garuantee interest rates will follow i think they will go up before xmas.....
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Germany is contracting by at least 6% this year, unemployment is at its highest for 50 years across the EU - how on earth are things 'picking up'?
 
As i say things are supposed to be picking up from the things iv'e read and heard it will probly take a a quite a few years to get out of this present crisis but the worst is definatly over the amount of money they have pumped back into the country it has too!.
Might take a while but definaltly will happen imo, so if things are supposed to be picking up so the interest rate will follow.
 
Can you link any articles that point to an upturn?

Personally the hyper-inflation (high interest rates) or Japan style depression (near zero interest rates) both seem plausible outcomes so picking interest rates now really does seem like gambling.
 
Howitzer said:
Personally the hyper-inflation (high interest rates) or Japan style depression (near zero interest rates) both seem plausible outcomes so picking interest rates now really does seem like gambling.
Click to expand...

or spoofing, one or the other
 
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