Friday, Apr 17, 2009
If you repeat the message often enough...
Times: Signs point to economy turning corner, says BoE's Miles
Hopes were raised of an early economic recovery yesterday when David Miles, an incoming member of the Monetary Policy Committee (MPC) of the Bank of England, said there were signs that the worst of the British recession was over.
Posted by alan @ 12:58 PM (515 views) Add Comment
2 Comments
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1. will said...
We have only had two confirmed quarters of a recession. What happened to the 'worst recession since World War 2 ? Lies, damned lies.
2. inflation is eating my savings said...
If the recession is turning a corner, then it should be time to put up interest rates, otherwise the economy will start to overheat soon.