Tuesday, Oct 23, 2007

Interest rates and oil prices

Times Online: Will soaring oil pump up inflation?

"IT is not often you get a combination of low inflation and record oil prices but that is what we have had in recent days. Not only that, but the Bank of England’s monetary policy committee (MPC) considered cutting interest rates earlier this month. What’s going on?"

Posted by peter @ 09:41 AM (190 views) Add Comment

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