https://www.theguardian.com/business/2026/may/29/bank-of-england-bailey-says-no-rush-to-raise-interest-rates-amid-iran-war-uncertainty. Just how much longer is #monetary #policy going to be the primary tool to #control #inflation? All increasing #interestrates does is depress #demand & #economic #activity & increase #unemployment. Mrs Thatcher might have thought that was "a price worth paying" - but I don't!











