A Different Bias
A Different Bias
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Why Are Interest Rates Really Going Up?

Posted

May 13, 2023

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The Bank of England has been raising interest rates for a year now, they say to combat inflation. However, inflation kept going up, and economists kept explaining how interest rates won't reduce the sources of high inflation that we have right now. The Bank of England continues to raise interest rates, it is now blaming food inflation. But what is the real reason?

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Why Are Interest Rates Really Going Up? · A Different Bias · Sentinel