Considering that we are now in a recession and our inflation is much lower than it was previously do you think the Bank of england might lower interest rates in hopes of boosting economics growth?
5 Likes
feel like this could be a slide in our macroecons class
2 Likes
The state of the UK economy right now is shambolic
2 Likes
It for sure is but there is a bit of hope that we are heading in the right direction as our inflation is decreasing so the higher interest rate policy has been having the desired effects!
2 Likes
Even though I’m an international student and don’t know much about UK’s politics. But even i know that the economy of this country is far from ideal🫠