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Emeritus Prof Christopher May /
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2024-08-14 06:09:27

Emeritus Prof Christopher May on Nostr: Inflation data remained steady, rising slightly from 2% to 2.2% if your are a normal ...

Inflation data remained steady, rising slightly from 2% to 2.2% if your are a normal person...

If you are a business journalist, inflation is rising 'worryingly'...

If you work for the BoE's MPC, you'll likely be preparing statements that include the idea of inflation 'surging'.... and as such will be once again stalling any decline in interest rates!

welcome to the looking glass world of the sado-monetrarists who will only be happy when we are actually in a proper recession!

#inflation
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