Who sets our interest rates – the Bank of England or the US Federal Reserve?
The UK is raising rates in line with America, but our economy seems headed in a different direction.
ByUS Federal Reserve
Interest rates are fuelling a debt crisis in the developing world
With more than half of low-income countries at or near debt distress, Western governments should immediately loosen the terms of…
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Is recession the Bank of England’s only choice?
UK and US central banks are faced with a dilemma: allow inflation to keep rising, or hike interest rates to…
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