Emeritus Prof Christopher May on Nostr: Inflation down to 3.4%.... now we can look forward to BoE/MPC saying: we need to wait ...
Inflation down to 3.4%.... now we can look forward to BoE/MPC saying:
we need to wait until the dip in inflation is confirmed;
Its not inflation we're *really* worried about its... [insert issue of their choice];
Its still not down to target so reducing interest rates would be premature & not prudent;
or, of course, all three...
But if you think interest rates are going down any time soon, you haven't got the measure of the Sado-monetarists of Threadneedle St.
#inflation #interest rates
we need to wait until the dip in inflation is confirmed;
Its not inflation we're *really* worried about its... [insert issue of their choice];
Its still not down to target so reducing interest rates would be premature & not prudent;
or, of course, all three...
But if you think interest rates are going down any time soon, you haven't got the measure of the Sado-monetarists of Threadneedle St.
#inflation #interest rates