Who's to blame for this mortgage pain?
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Inflation in the United States has been getting worse. In December, prices were up 7 percent from the previous year — the fastest rise in 40 years. Americans feel terrible about the economy, imperiling the Democratic Party’s chances of holding on to power in Washington ...
Last week the Bank of England put up interest rates to 5 per cent - a move that has already meant increased mortgage payments for many. So could this lead to a crash in the housing market? What can the government do to alleviate the pain for homeowners - and is inflation here ...