Inflation - when is this going to end?

[Millwallawayveteran1988]

That’s the boat we’re in. Our three year fixed rate just ended, we desperately need to sort another one now before they go up again.

It’s the worst time possible. Mine was 2.1% ish. Been offered 3.9%. Not good!

 

[Brewster's millions]

If only we knew Putin was a bit of a dick head. Convenience has bit us on the arse. The words reap and sow spring to mind for some reason.

The lack of long-term planning in terms of energy security by the government is really inexcusable, particularly given how dependent Europe has become on Russian Gas.

All very well moving away from coal, but to accelerate this process during a period of rising geopolitical risk was a dangerous move, and we’re paying for it now.

 

[denislawsbackheel]

It’s the worst time possible. Mine was 2.1% ish. Been offered 3.9%. Not good!

Grab it now.
3.9% is still cheap as chips for those of us who were buying houses at an average 9% in the 80s and 90s.

 

[BlueAnorak]

Netflix - 23% price hike today - bined.
Totally unjustifiable.

 

[BlueAnorak]

Telegraph Digital Edition - 49 2% increase.
Again, unjustifiable so bined.

 

[city2]

Hiking the interest rates up is not having the slightest impact on inflation all its doing is taking hard earned money from all of us. The prices won’t come down because it’s all to do with the war in the Ukraine which we have no control over. You would have thought the Government and its advisers who we trust to do their jobs would have foreseen what the outcome of this war would have on the World.Millions of families life’s ruined forever because and now we are seeing the effect. The BOE are an absolute disgrace and heads need to roll and now it’s us who are paying the price for inflation when it could have been avoided, and now it’s going to last until Putin is dealt with.

 

[marco]

Hiking the interest rates up is not having the slightest impact on inflation all its doing is taking hard earned money from all of us. The prices won’t come down because it’s all to do with the war in the Ukraine which we have no control over. You would have thought the Government and its advisers who we trust to do their jobs would have foreseen what the outcome of this war would have on the World.Millions of families life’s ruined forever because and now we are seeing the effect. The BOE are an absolute disgrace and heads need to roll and now it’s us who are paying the price for inflation when it could have been avoided, and now it’s going to last until Putin is dealt with.

Exactly what ive been saying, how can you combat world inflation with a domestic interest rate hike, unless i'm missing something here, the majority of domestic inflation is caused by the hike in fuel so it would have been better the government taking a hit on say 50p a ltr

 

[bluwes]

It’s the worst time possible. Mine was 2.1% ish. Been offered 3.9%. Not good!

Jeeze mine was 7.5% when we first got married, it was a flexible rate and it went up almost every month

 

[StrangewaysHereWeCome]

My rent has just gone up just over a tenner a week. Doesn't sound much but for a single dad that's quite a lot.

 

[paulchapo]

Jeeze mine was 7.5% when we first got married, it was a flexible rate and it went up almost every month

I bought my house in 1992 and I got a three year fixed rate deal. 8.99% for the first year then 9.90% for the next two and that was considered a good deal at the time!