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Emeritus Prof Christopher May
Emeritus Prof Christopher May
@ChrisMayLA6@zirk.us  ·  activity timestamp 3 days ago

Monthly inflation has edged up, which will likely give the Bank of England's Monetary Policy Committee al the justification they need for keeping interest rates where they are...

And will leave the economy still under-pressure from high(er) interest rates.

Don' forget interest rate policy take between 18-24 months to work its way through the economic system, so the BoE is ensuring the UK economy remains moribund well into 2027.

#economics #InterestRates #politics

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