Tuesday, May 13, 2008
Why interest rates should stay frozen for now
MoneyWeek: UK inflation: why interest rates will stay frozen for now
The Consumer Price Index has hit 3%, its highest level for 13 months. But while the numbers might shock the experts, but the man or woman in the street probably won’t be too astonished.
Several recent surveys have suggested that the real inflation rate for those who don’t spend all their spare time buying new gadgets, but have to refuel the car to visit the supermarket after paying their electricity and council tax bills, is still some way higher than the official numbers have been indicating.
Posted by damien @ 05:06 PM (124 views) Add Comment
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