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where they are, let s keep them high to show financial markets that we are serious about fighting inflation and wait until it comes down before we loosen. of course the criticism here is that, and the bank s own analysis shows that, that it takes 1.5 years for the full effect of interest rate increases to ripple through the economy, so we might well be in a situation where we have kept rates very high for quite a while and that is really pummelling the economy, we are getting low or even negative growth and inflation is even below target. so it s understandable why the bank of england is risk averse and wants to make sure inflation is squeezed out for sure, make sure inflation is squeezed out forsure, but make sure inflation is squeezed out for sure, but there is a real risk of them are leaving rates too high for too long. of them are leaving rates too high fortoo long- of them are leaving rates too high fortoo lonu. . ~ ,, . ., for too long. thank you so much for our for t ....
The tanker industry is booming, but Scorpio Tankers (NYSE:STNG) stock, along with many of its peers, has remained pretty flat in recent months. However, while the share price is flattening, the tailwinds that propelled this crude oil and petroleum transporter (and the industry as a whole) to where we are today are continuing. Day rates (leasing rates) remain elevated, and the industry appears to be at the start of a multi-year supercycle whereby supply can’t keep up with demand. Thus, I’m bullis ....
In just over a month, on Nov. 7, voters will cast ballots in a number of statewide races in Kentucky. Poll workers play a vital role in that process. ....