This week’s Star Letter goes to mic2002 for their comment on the story Carney confirms readiness to restrain lending; BoE pushes rate rise prediction to 2017.
Sounds like the Bank of England is really on top of their game! What a joke. First of all rates are going up next month, then six months, now a year or more – next we’ll stick it to the buy-to-let market, now, oh dearie me, mortgage lending is going up so lets think about stopping that….what a bunch of dunderheads.
They sound like an organisation looking for something to do at every twitch in the economy.