Whatever the Bank of England is doing in the hope of reducing inflation, it is the opposite of what it needed.
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Economics
Thomas Piketty: The return of the Popular Front
Let’s say it straight away: the agreement reached by the French left-wing parties under the label of the “New Popular Union” is excellent news for French and European democracy. Read Here © MathieuMD / Wikimedia Commons / CC BY-SA […]
Economics
DeStatis – German Recession: Industrial Production in March 2024:-3.3% on same month in previous year
Production in industry March 2024 (in real terms, provisional): -0.4% on the previous month (seasonally and calendar adjusted) -3.3% on the same month a year earlier (calendar adjusted) February 2024 (in real terms, revised): +1.7% […]
Economics
Shaun Richards: The ECB is learning the hard way that precommitting on interest-rates is a mistake
A look at today’s 0.5% interest increase by the ECB and its consequences Read HERE
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