Fiscal help for mortgage holders - is this a realistic possibility?

OhWow

https://news.sky.com/story/uk-economy-latest-news-britons-told-to-consider-30-year-fixed-mortgages-12615118

D924

Every central bank in the world is dancing to the tune of the US Fed.

It doesn't make sense to raise rates to combat imported inflation.

This will end with a quick recovery and return to growth for the USA by the middle of next year and a deep recession lasting years for virtually every other country that crushed their already comparatively weak economies with rate rises to try and fight imported inflation that their monetary policy really can't meaningfully influence.

Not that there was even a choice, as not dancing to the tune of the US Fed would lead to massive devaluation of a countries currency.