June, 2008
LiveWire Economics Blog - June 4, 2008 9:22
Inflation concerns grow
No one is ready to guarantee that the US economy is beyond concern, but Federal Reserve Chairman Ben Bernanke and other central bank members have been hinting that inflation is moving to the forefront of policy consideration.
Real Rates Are Rising
Apparently, rates for first time buyers are rising, hitting 7% on some products. I have news for everyone, get used to it. Real rates as charged by lenders will continue to remain well above the official Bank of England base rate for some time.
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