In a speech to the Society of Professional Economists, Mr Bailey also questioned the economic rate of recovery following the COVID-19 pandemic....
He said that interest rates would have to increase to slow rising prices, stating that the current economic situation was not strong enough to sustain such an intervention within the current climate. Speaking at the annual dinner, Mr Bailey said: “ The switch of demand from goods to services, as Covid has faded in terms of its economic impact, has no
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2021-09-29 00:00:00.0