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have voted to maintain bank rates at 5.25%. monetary policy remains restrictive. let me be clear, there is absolutely no room for complacency. inflation is still too high. we will keep interest rates high. we will keep interest rates high enough for long enough to make sure we get inflation all the way back to the 2% target. we will be watching closely to see if further increases are needed but even if they are not it is much too early to think about rate cuts. i'm going to talk about inflation over the coming months and that i will turn to the outlook for the economy further ahead. ...

Matter of public relations. the poor stim never really had a shot. came so close after the financial bailout. i think a lot of people confused the two. it's never been a popular measure. and it's always been difficult for the administration to really explain to the public and easy for the republicans to demonize. >> yeah. coming out now and saying it added between two and three percentage points to gdp growth is a little late in the game to win the message war. >> and part of the administration's message, keith, is that the recession would have been much, much worse had the stimulus bill not b...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.