Eurozone hits new inflation record in January with inflation at 5.1% Tags:Europe 3 comments The inflation is at more than 5% and they do nothing? What are they waiting for? I believe in the UK any increase in the interest rate also increase the monthly payments. In France most people mortgage payment is not indexed on interest rate. Inflation to me means for me that my salary will increase around inflation level and I will have to pay less to repay my mortgage. I wonder how it works in the rest of Europe. I think it’s probably fine. What’s the worst that could happen? Leave a ReplyYou must be logged in to post a comment.
I believe in the UK any increase in the interest rate also increase the monthly payments. In France most people mortgage payment is not indexed on interest rate. Inflation to me means for me that my salary will increase around inflation level and I will have to pay less to repay my mortgage. I wonder how it works in the rest of Europe.
3 comments
The inflation is at more than 5% and they do nothing? What are they waiting for?
I believe in the UK any increase in the interest rate also increase the monthly payments.
In France most people mortgage payment is not indexed on interest rate.
Inflation to me means for me that my salary will increase around inflation level and I will have to pay less to repay my mortgage.
I wonder how it works in the rest of Europe.
I think it’s probably fine. What’s the worst that could happen?