Thread: The 2010 General Election Thread: Week 2
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Old 20-04-2010, 23:27   #338
Ignitionnet
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Re: The 2010 General Election Thread: Week 2
Quote:
Originally Posted by Osem View Post
http://news.bbc.co.uk/1/hi/business/8631532.stm


and there was I thinking that the B of E needed to use interest rates to curb inflation. Not much sign of that right now....
The economy is too weak so they need to balance inflation with the need to keep interest rates low to encourage growth.

They believe this inflation spike is only transient anyway.
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