View Single Post
Old 06-22-23, 12:44 PM   #737
Jimbuna
Chief of the Boat
 
Jimbuna's Avatar
 
Join Date: Feb 2006
Location: 250 metres below the surface
Posts: 181,865
Downloads: 63
Uploads: 13


Default

"Halving inflation this year" is one of the prime minister's top five priorities.

It's currently stuck at 8.7%.

When Rishi Sunak is asked how he'll meet his goal, he points to raising interest rates.

Something the Bank of England, not the government, controls.

The truth is there are some short-term levers government could pull.

The problem is they - as well as interest rates - all involve unpalatable political choices.
__________________
Wise men speak because they have something to say; Fools because they have to say something.
Oh my God, not again!!


GWX3.0 Download Page - Donation/instant access to GWX (Help SubSim)
Jimbuna is offline   Reply With Quote