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I’m by no means an expert but could raising rates increase the strength of the pound, which could have a deflationary affect on import prices, including energy?
by aluket 4y ago
I’m by no means an expert but could raising rates increase the strength of the pound, which could have a deflationary affect on import prices, including energy?
- simonh 4y agoNot if everyone else is increasing interest rates as well, which they are. It mitigates the pound losing relative strength though.