Wednesday, March 21, 2007
But will it make a difference?
Another interest rate rise to 5.5% is just weeks away
One thought on “But will it make a difference?”
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Jim says:
“Ironically, interest rates will have to rise to cool inflation which is being fuelled by the rising cost of mortgages.”
If rates go up then morgage repayments go up. Are they arguing for a rate freeze/cut to keep inflation down?