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News for January 2011

Inflation rate spike could lead to banks increasing rates ( and the ‘genuises’ in the City)

19 January 2011

Today’s FT headlined with news that “Investors are betting the Bank of England will start raising interest rates in early summer after soaring fuel and food prices pushed inflation higher than expected in December.” Lets read that again, “… the soaring fuel and food prices..”…”inflation higher than expected”. Why was this not expected? Fuel and […]

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