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A large part of the deficit is due to the Energy cost relief program, something the government had to do. The BoE knew this but chose not to raise rates to comp
by drumhead 4y ago
A large part of the deficit is due to the Energy cost relief program, something the government had to do. The BoE knew this but chose not to raise rates to compensate, so either they're happy with the situation or they're dithering.