Emeritus Prof Christopher May on Nostr: After keeping interest rates at 5.25%, Andrew Bailey has been reported to be 'upbeat' ...
After keeping interest rates at 5.25%, Andrew Bailey has been reported to be 'upbeat' on the UK's economic prospects & signally a future rate cut is now going to be sooner rather than later....
Well, you can believe that if you wish but in my view the senior Sado-monetarist of Threadneedle St. is gaslighting us; in 3 weeks time, he'll have some reason to to row back on his positive sentiment & keep rates higher, just than little bit longer....
The workers need to suffer more!
#interestrates
Published at
2024-03-22 06:36:22Event JSON
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