Interest Rate Increase

It seems like we are heading for another hike in interest rate and we will probably have to watch our spending paterns untill we are sure. What's "funny" is, the price of Crude Oil has increased and will definitely fuel the Petrol price. on the other it's reported that the price of Bread will also be going up, we should go on hunger strike and start walking to work guys. What do you think? Will that help us to at least stay affloat?