Emeritus Prof Christopher May on Nostr: Well, the media are reporting that today's BoE/MPC decision on interest rates is on a ...
Well, the media are reporting that today's BoE/MPC decision on interest rates is on a 'knife-edge'....
I, for one, don't believe a word of it; the sado-monetarists of Threadneedle St. will want to suffer until the end of the year at least, just to show those unity workers they cannot rebuild their living standards.....
I'll be happy to be proved wrong, but I think a rate reduction today remains unlikely, but they'll be more wearily words about 'difficult decisions', of course!
#interestrates
I, for one, don't believe a word of it; the sado-monetarists of Threadneedle St. will want to suffer until the end of the year at least, just to show those unity workers they cannot rebuild their living standards.....
I'll be happy to be proved wrong, but I think a rate reduction today remains unlikely, but they'll be more wearily words about 'difficult decisions', of course!
#interestrates