npub1r495mhsje06y7fnuzyx94lag257tn64v7xpn9cf7jp5mdwjaee2sjxm5c8 (npub1r49…m5c8)
While not disagreeing, the point I was making was the BoE is looking partly in the wrong place (either wilfully/ideologically, or because they misunderstand inflationary pressures)....
while better wages data would help, really they need to me more attentive to non-labour market drivers of inflation, which occasionally appear when the clouds of economic orthodoxy clear for a moment & they 'see' the landscape of profitablity & energy prices.... which, of course, they can't 'control'
Emeritus Prof Christopher May /
npub1hr…f2ktj
2023-12-18 22:14:17
in reply to nevent1q…cf9j
Author Public Key
npub1hr0x0gm9ksmvuvqwkyzfjuczv9pln83axuftxfhnq2maday69ypqtf2ktjPublished at
2023-12-18 22:14:17Event JSON
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