I see Reeves is already claiming credit for this, yet when poor results about other things she blames the previous Govt. She should recognise, but then she doesn't , interest rates are not a short term thing but due to actions over a period of time. They were already on a downward path. When inflation hits in 12 months time as a result of Labour policies she'll still blame the previous govt I suspect saying things were more broken than we thought.. Honestly economist she is not
BoE are independent of political office. They have only 2 mandates. Unemployment and Inflation. If inflation has come down, no need to keep it at the highs
I see Reeves is already claiming credit for this, yet when poor results about other things she blames the previous Govt. She should recognise, but then she doesn't , interest rates are not a short term thing but due to actions over a period of time. They were already on a downward path. When inflation hits in 12 months time as a result of Labour policies she'll still blame the previous govt I suspect saying things were more broken than we thought.. Honestly economist she is not
The Bank of England must be run by Labour supporters.
BoE are independent of political office. They have only 2 mandates. Unemployment and Inflation. If inflation has come down, no need to keep it at the highs
Abolish BoE