Turmoil on the markets
The Briefing Room
00:00
Is the Bank of England Trying to Restrain Demand?
The bank of england has been trying to restrain demand. The government seems to have decided that by adding to demand, it will generate a sharp increase in the rate of growth of productivity. Toby nangle: I think fundamentally, the market is concerned thate the inflation target may have to be eased so as to make it possible to manage an increased level of debt.
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