Gabriel
Well-Known Member
Mentioned this in another thread. If the BofE had put its rates up earlier, then they would probably be closer to the Fed’s 2.25-2.5% but that would have added to other problems as well.Kwarteng seemed to be trying to put the blame on the Bank of England for getting their forecast wrong. I expect that that will continue to be a line peddled.
There is a siege mentality in the Government now with everyone outside seen as an enemy/scapegoat and that will only make the next two years even uglier.