PanaTimes

Wednesday, Dec 01, 2021
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Look past the headlines and Bank of England's governor seems ready to flex his eyebrows

Look past the headlines and Bank of England's governor seems ready to flex his eyebrows

The Bank of England has announced that it's leaving interest rates and its quantitative easing programme unchanged. In practical terms, the Bank has done nothing to counter inflation. But that could soon change, says Ed Conway.
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Oh ya 68 days ago
Central banks can not raise interest rates to slow inflation. Countries are so far in debt they are borrowing money now to make ends meet. They would be bankrupt in a month if the rate goes up.
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