Comment on Bank of England Keeps Rates at 15-year High

deadcatbounce@reddthat.com ⁨10⁩ ⁨months⁩ ago

They controlled interest rates like Nigel Lawson, mentioning a blip after jump-starting the economy, slashing tax rates in the eighties and setting up a election win. Inflation hit mid/late-double digits.

The only thing I applauded Brown for was the delegation of the inflation control brief to the BoE. And now we’re back to the inflation roller coaster that we were.

FFS.

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