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Will high interest rates cause a housing crash?
The Story
The Bank of England's Role in Stimulating the Economy
The Bank of England raised interest rates by another half percent last week. Some people are worried that the bank is now overdoing it, writes Andrew Keen. But he says they carried on stimulating the economy well after there were warnings. And when they finally did decide to start raising them, they thought this was a temporary blip and inflation would come down in spring or summer.
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