http://www.bloomberg.com/apps/news?pid=20601087&sid=aurKUsRoPBOE&pos=2
Just to add to the shit storm that is the UK right now...
Just to add to the shit storm that is the UK right now...
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UK Inflation Jumps to 3.7%
- Thread starter Kassz007
- Start date
So little
Quote from LeeD:
Low interest rates + high inflation = happy homeowner.
This is a perfect environment for taking out a mortgage.
How long will rates stay this low in UK though? I haven't heard any rumblings of an increase but you would think if inflation numbers like this keep popping up they will have to do something.
Quote from Kassz007:
How long will rates stay this low in UK though? I haven't heard any rumblings of an increase but you would think if inflation numbers like this keep popping up they will have to do something.
Quote from bearice:
I think India's inflation is 9% or 10% and they are saying China and India are helping world economic recovery.
Kassz007, I have to agree with bearice here. I believe next-to-zero interest rates combined with high signle-digit inflation are sustainable for decades. Some buisinesses wil be hurt but others will flourish.
Quote from bearice:
I think India's inflation is 9% or 10% and they are saying China and India are helping world economic recovery.
I think India's food inflation is 18%.Quote from LeeD:
Kassz007, I have to agree with bearice here. I believe next-to-zero interest rates combined with high signle-digit inflation are sustainable for decades. Some buisinesses wil be hurt but others will flourish.