Thread: MERGED - Euro 2004
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Old 24-06-2004, 16:21   #457
gazzae
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gazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronze
gazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronze
Re: MERGED - Euro 2004
Anyway all you England fans, if you lose tonight, look on the bright side it might stop the interest rates going up!


Quote:
However UK interest rate markets remain choppy, thanks to the release of comments from the Bank of England yesterday. The UK rate tightening cycle is far from over, so when will the next hike come? That decision might rest on England's success in Euro 2004 - no seriously, it might! If England make it all the way to the final, then June UK retail sales will get an estimated £600 million boost, financed by credit. The Bank of England yesterday noted concerns over 'excess consumer spending and borrowing', so a £600 million surge in spending might well force a July 8th rate rise.
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