Daily Mail
"Jonathan Loynes of Capital Economics said: ‘The Bank of England’s May Inflation Report injected a sensible element of caution amidst recent excited talk of the green shoots of recovery.'The clear message is that any renewed tightening of policy - be it the reversal of quantitative easing or a rise in interest rates - is a long way off.'
The UK saw larger economic slumps than the Bank’s forecast for this year in both 1944 and 1945, but figures from this period are commonly disregarded because we were on a war footing."
No comments:
Post a Comment