I warned last month that the Bank Rate should go up again to 5.5% to combat inflation.
Today we learn that December's inflation rose to 4%: double the target.
On February 1, the next meeting, the Bank Rate should INCREASE!
I warned last month that the Bank Rate should go up again to 5.5% to combat inflation.
Today we learn that December's inflation rose to 4%: double the target.
On February 1, the next meeting, the Bank Rate should INCREASE!
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