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Raising interest rates has never corrected inflation in an economy it actually makes it worse.
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ECB calls unscheduled meeting to discuss market turmoil\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT. yield curve control imminent! rate hikes my a**! The meeting: More QE / money printing. As if inflation isn’t already terrible 🤡
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UK unemployment rate rises and real regular pay falls; markets in turmoil – business liveRolling coverage of the latest economic and financial news So unemployment is rising, but we have over a million job vacancies……..
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