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Many experts think that raising BoE rates will do more harm than good: * inflation is mostly imported * cost of living crisis * incoming recession So they a
by mytailorisrich 4y ago
Many experts think that raising BoE rates will do more harm than good:
* inflation is mostly imported
* cost of living crisis
* incoming recession
So they are under pressure to both try to contain inflation (but see above) and prop up economy.