BBCNEWS Newsday June 4, 2024 00:16:00
In westminster and the markets in the city, and how that works out will determine when this interest rate shock ends, or if it's prolonged and worsened. what we learned from the government today is that despite everything we've seen over the past week, that in their view, there is no challenge, there's definitely no crisis, there isn't a problem. and if there's no problem, there's no need to change course. but the tidal wave of rising borrowing rates coming from city trading floors is far from normal, says one of the world's most noted experts. i have seen it, but never in a g7 economy. never ...