The squeeze on household budgets is showing no signs of easing

Feb 14, 2018 | Inflation

Tags: Household budgets, Inflation, Interest rates

“The squeeze on household budgets is showing no signs of easing after official figures revealed that inflation remained close to its highest level in almost six years in January, increasing the chances of another rise in interest rates within months” (Times)

So please explain to me, a simple financial adviser, former economics scholar and person with a family and mortgage, how increasing interest rates and squeezing my household budget still further is going to reduce inflation. It’s a Maggie policy from the spend-spend-spend ‘80s;  now it’s the financial equivalent of forcing an already-depressed person to watch Eastenders on rotation.

 

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“Should we still be worried about inflation?”

“Should we still be worried about inflation?”

Dec 5, 2023 | ,

As rehearsed here many times, inflation, and mainly the US version, is the key to a revival in the fortunes of your and all of our investments. For responsible countries wanting to tame it, increasing interest rates remains the principal tool.

“UK inflation falls more than expected to 7.9% in June”

“UK inflation falls more than expected to 7.9% in June”

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