The EU: In, out, shake it all about....

Discussion in 'Off Topic Chat' started by jimmyhillsfanclub, Jun 8, 2016.

?

As of right now, how are thinking of voting? In or out

Poll closed Jun 15, 2016.
  1. Remain

    23 vote(s)
    37.1%
  2. Leave

    35 vote(s)
    56.5%
  3. Undecided

    3 vote(s)
    4.8%
  4. Not registered or not intention to vote

    1 vote(s)
    1.6%
  1. martcov

    martcov Well-Known Member

    Joined:
    Apr 5, 2013
    Messages:
    3,777
    Likes Received:
    1,679
    I can only say what I know. Another 4% rise was granted this week ( I forgot who to ). I pay my staff a lot more than 4 years ago. My sales ( retail sales in general) are going up. High domestic demand. The Eurozone GDP rose more than the US in 2016.
     
  2. wingy

    wingy Well-Known Member

    Joined:
    Jul 9, 2011
    Messages:
    18,039
    Likes Received:
    4,967
    Gotta say I thought it strange how the USA started increasing rates last year and wondered if it was to affect other currencies. rather than domestic pressures?
     
  3. mrtrench

    mrtrench Well-Known Member

    Joined:
    Aug 17, 2008
    Messages:
    2,505
    Likes Received:
    663
    USD will strengthen as more money comes in to invest at the higher interest rates. This will make imports to the USA cheaper and in the long term help other countries - but it's not a big factor and will take a time. The BoE, I think, will raise GBP interest rates back to 0.25% soon as the expected recession didn't arrive - the UK is still growing and inflation is picking up. Their principal mandate is to keep inflation in a band around 2.5%.
     

Share This Page