It Saving Grace News Today

welcome to the programme. there are tentative signs that inflation is coming under control, and the recession forecast last year will be shallower and shorter than expected. butjust to make sure, the central banks are raising the interest rates again. yesterday it was the fed, today the bank of england increased the base rate, half a point, to 4% — the highest it has been in m years. we think inflation will come down rapidly, and a lot of that is down to energy prices, which have fal...

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