Low Growth High Inflation.....

[ToraToraTora]

https://www.bbc.co.uk/news/articles/cn4mpznd79zo

....so why has the BOE cut interest rates? Surely that's putting petrol on the fire.

[nicebloke1]

High inflation?

[ToraToraTora]

10:33 that's what the article says, get someone to read it to you.

[nicebloke1]

Risk. Get someone to read it for you

[webbo3]

From sky new in the link o the article I posted

\\They will be discussing how to revive the economy after the Bank of England halved the country's growth forecast for this year.//

[nicebloke1]

Nothing out the ordinary about a government having a meeting about the economy. I'd be more worried if they didnt have one. Hope they enjoy their coffee and cake.

[webbo3]

But there is when the BOE halves the growth forecast

[nicebloke1]

Been done many times before.

[youngmafbog]

I believe the idea is to try and get people spending and investing.  IT wont work, too little too late and Rachael really has screwed it up.😐