In the face of war, central bank hawks must retreat on inflation

Russia’s aggression will fuel the energy price crisis. The Bank of England, and Sunak, must change course to avoid recessionRussia’s attack on Ukraine poses a dilemma for the UK government and the Bank of England with an obvious answer.The dilemma centres on the cost of living crisis, which is only going to worsen now that gas prices are on course to rocket again and oil prices along with them. Continue reading…

Russia’s aggression will fuel the energy price crisis. The Bank of England, and Sunak, must change course to avoid recession

Russia’s attack on Ukraine poses a dilemma for the UK government and the Bank of England with an obvious answer.

The dilemma centres on the cost of living crisis, which is only going to worsen now that gas prices are on course to rocket again and oil prices along with them.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *