BBCNEWS Dateline London December 20, 2021 03:55:00
Raising interest rates right. now, will it have any impact on inflation when you have bigger structural forces - at work? i dont think so, i think its a credibility building - exercise rather. than effective... talk about credibility building, well park turkeys interesting experiment with economics going on right now — you can read a lot on bbc online about that. henry, jerome powell has only stopped describing inflation as "a transitory problem". which seems to be acknowledging something simo...
Source: archive.org