Bank of England Urged to Cut Interest Rates as Recession Looms on Nostr: Bank of England Chief Economist Warns Against Interest Rate Cuts as UK Exits ...
Bank of England Chief Economist Warns Against Interest Rate Cuts as UK Exits Recession
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#79a8b667 ver:0.15
Bank of England Chief Economist warns against interest rate cuts as UK exits recession. Critics argue that the bank's failure to act quickly enough has contributed to inflation and rising living costs. Policymakers emphasize the importance of a looser labor market to maintain inflation at target. Lower inflation in the UK may result in earlier rate cuts compared to the US Federal Reserve. The Bank of England should chart its own course and not follow the Fed. The bank must ensure inflation is at target on a sustainable basis. #BankofEngland #interestrates #inflation #UKeconomy...
#newstr #BankOfEngland #InterestRates #Inflation #Recession #LabourMarket
https://here.news/story/79a8b667?ver=0.15
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#79a8b667 ver:0.15
Bank of England Chief Economist warns against interest rate cuts as UK exits recession. Critics argue that the bank's failure to act quickly enough has contributed to inflation and rising living costs. Policymakers emphasize the importance of a looser labor market to maintain inflation at target. Lower inflation in the UK may result in earlier rate cuts compared to the US Federal Reserve. The Bank of England should chart its own course and not follow the Fed. The bank must ensure inflation is at target on a sustainable basis. #BankofEngland #interestrates #inflation #UKeconomy...
#newstr #BankOfEngland #InterestRates #Inflation #Recession #LabourMarket
https://here.news/story/79a8b667?ver=0.15