Pound Down
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Yoda and the Bank of England
The bank of england put out a statement to day that sounds a bit like yoda, because i ust don't really know what it means. They say things like, we will not hesitate to do whatever it takes with interest rates to control inflation while not doing anything about interest there is a bit of it. The real risk when you've got this much momentum against the pound in the market and no one really thinks there's a sort of, as they would say, short term flaw, which means it's probably going down more. And just before you go, eno, got a head off. But to night, it's not a good time to take out a mortgage,
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