Why has the Bank of England raised interest rates when a recession is inevitable?
The Bank’s pursuit of lower inflation means a new economic headache: business closures and much higher unemployment.
By![Why has the Bank of England raised interest rates when a recession is inevitable? Why has the Bank of England raised interest rates when a recession is inevitable?](https://dl6pgk4f88hky.cloudfront.net/2022/11/GettyImages-1208085996.jpg)
New Times,
New Thinking.
The Bank’s pursuit of lower inflation means a new economic headache: business closures and much higher unemployment.
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ByThe fiscally responsible approach is to build a strong economy through public investment and tax increases on the wealthy.
ByThe economist who predicted the 2008 crash warns that a combination of uncontrolled inflation and ballooning debt will push the…
ByThe Prime Minister is serving the corporate and financial zombies kept alive for so long by low interest rates.
ByLeaders must accept that the old economic regime is over, or face further disgrace.
ByThe Prime Minister has done more than most to encourage new buyers into a needlessly overheated market.
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