Q. I noticed that the US Federal Reserve has said that they will begin to increase interest rates in about 2-years time. Does this mean that my mortgage costs will probably rise here too? 17th June 2021 17th June 2021 Questions from the floor, Saving and Investing inflation, interest rates, mortgage payments Rising inflation is forcing central banks to look at rate increases. While it will have little impact on savings and borrowing costs in Ireland, it will most likely impact pension valuations. Share this:SharePrintFacebookXEmailWhatsAppLinkedInTwitterRead More