So the #BankofEnglandf to no-one's real surprise has held #interestrates where they are.... with #AndrewBailey saying 'there's some way to go' - as I've said before the cost of getting #inflation down to around 2% is not being paid by Bailey & his chums.... it's workers & others who will suffer as the high interest rates continue to dampen down economic activity.
At some point, one has to as *is* it a price worth paying?
but not asking Bailey & his chums in their big banking offices...
Emeritus Prof Christopher May /
npub1hr…f2ktj
2023-12-14 17:54:46
Author Public Key
npub1hr0x0gm9ksmvuvqwkyzfjuczv9pln83axuftxfhnq2maday69ypqtf2ktjPublished at
2023-12-14 17:54:46Event JSON
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