BBCNEWS World Business Report June 4, 2024 04:38:00
The value of the pound to stop the value of the pound to stop the effect of imported inflation adding to the inflationary pressures already inflationary pressures already in the economy. so, ultimately, there are no good options. the bank of england can either not raising interest rates and see the bank value of the pound decline or the central bank can raise interest rates in an attempt to try and mitigate, take the edge of that effect. i see. thank you for the explanation. and one other key point that i think people will look at, and i know the bank of england is independent and has its own ...