Alfa Romeo Forum - View Single Post - UK interest rates

Viking Dad · 16-05-2008

Originally Posted by Dirk

Like ours on 16.5 % with inflation hitting 12% . They predict that we will hit 20% by year end

That's because your inflation is way out of control! 12% inflation is bloody scary. And your interest rates are doing nothing to control it unfortunately. Nasty situation - I lost a house in the early 90's due to 15% rates in the UK. Not funny at all.

16-05-2008	#15 (Post Link)
Viking Dad AO Silver Member Join Date: Jun 2006 Location: Out of packing boxes..... Posts: 1,250 Member car: 159 ti 2.4	Re: UK interest rates - up or down :confused: Originally Posted by Dirk Like ours on 16.5 % with inflation hitting 12% . They predict that we will hit 20% by year end That's because your inflation is way out of control! 12% inflation is bloody scary. And your interest rates are doing nothing to control it unfortunately. Nasty situation - I lost a house in the early 90's due to 15% rates in the UK. Not funny at all.