
Why is the Bank of England raising interest rates when inflation has peaked?
The Bank has to account for the long-term effects not only of its own decisions, but also of government policy.
ByThe Bank has to account for the long-term effects not only of its own decisions, but also of government policy.
ByBritain does not want the fever of inflation – but it is unprepared for the cure.
ByUK and US central banks are faced with a dilemma: allow inflation to keep rising, or hike interest rates to…
ByMPs and ministers are looking for a scapegoat for the coming recession.
ByThe fact that Andrew Bailey is prepared to warn against pay rises is a sign of how worrying inflation has…
ByIf small rates rises fail to hold down inflation, central banks may opt for more drastic measures that could lead…
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