Wednesday, Jan 17, 2007
Will there be another IR rise on the back of the high CPI?
Times Online: Homeowners face another rate rise after inflation reaches 15-year high
If the MPC raised IR's because they had seen the inflation figures released to the rest of the country yesterday, is it inevitable that another rate rise will take place in Feb or March? Wage settlements are not predicted to increase, and homeowners are going to come under increasing financial pressure.
Posted by jellycaster @ 01:56 PM (141 views) Add Comment
1 Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. Dohousescrashinthewoods said...
Some say it would take an economic shock to tip the housing market. How about:
"the triple blow of rising inflation, rising interest rates and rising unemployment"
I'm not predicting, but things are looking darker.