I don’t buy the Bank of England’s false note of serenity – interest rate rises are banging at the country’s door

Mădălin Mihai

If oil prices are at $120 a barrel today, we really are in the darkest timeline, says James Moore I t might be the most consequential decision to do nothing since John Lennon sat in a bed all day. Amid mounting fears of a brutal price shock, with fuel prices potentially doubling inflation in a worst case scenario , and other parts of the Consumer Prices Index (CPI) set to add fuel to the fire in the coming months, the Bank of England’s monetary policy committee has held interest rates. Needless

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