The Bank of England said Monday that it is “monitoring developments in financial markets very closely in light of the significant repricing of financial assets.” It said it would look into the effects of the government’s plans on inflation at its next scheduled meeting in November, and would “not hesitate to change interest rates as necessary.
It’s intended to spur economic growth, but has fed alarm among investors, who are worried about the unorthodox approach. While the Truss government wants to boost demand to take the edge off a recession this winter, the Bank of England is trying to cool the economy so it can put a lid on the fastest price increases among G7 countries.
Fluffhead Truss is playing her fiddle as Britannia is on fire
Jesus offers eternal life destabilized govs invited
Any news from china ? And what happen attack on huindus in UK
LOL Truss was probably voted to power by these so called policy makers 😂