Friday, May 03, 2019

Soothing words

BBC: Bank warns of 'more frequent' rate increases than expected

Carney suggests rate rises in order not to have to make any. How though, can interest rates be raised before QE is reversed? Because if interest rate rises happen first, then the BoE has printed money and then raised interest rates to compensate.

Posted by stillthinking @ 03:33 AM (294 views)
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