February Mortgage Rates?

Hoenir

Altior said:

Hoenir said:

Altior said:

ACG, the so called highly qualified experts, on mighty six figure salaries (so high they don't know exactly how much it is) don't actually understand it either. The BoE have perfected the art of selling assets at the bottom price. Back in 2021 they were confident that UK inflation was 'transitory'. 

Are you suggesting that they should have foreseen the Ukraine/Russia conflict?  Forecasting is a rolling exercise. Updated every month as the future unfolds. Data driven.  Hindsight is of course an exact science. Unarguable. 

Are you saying that the Ukraine/Russia conflict caused the huge global inflation spike? 

Who supplied Germany and other EU countries with the majority of their gas supplies? 

From a consumer perspective in Germany gas prices rose from 7.06 euro cents (c€)/kWh in 2021 to 20.04 c€/kWh as of Q4 2022. A rise of nearly 184%.  

We now live in a highly interconnected financial world. Estimated that onshoring back to the USA from China. Will see the price of many items rise by between 30% to 40% for both US businessess and consumers.