Ha ha... once again like Lucy & Charlie Brown, the BoE holds interest rates steady, but offers the prospect of a cut in the future... just whisk that ball away Mr. Bailey (each time).
I'm sure they'll eventually cut the rate but the sado-monetarists need more 'evidence' before they do;
but not evidence that inflation is easing, whatever they say; rather they want evidence that workers have been properly tamed/beaten down, that they/we have been disciplined!
Add comment