How the Bank of England lost control of inflation - The Telegraph

Despite warnings about a looming cost-of-living crisis more than a year ago, rate-setters at Threadneedle Street failed to take action

Firstly, interest rates here would have little impact on the global pressures that have blown up. Changing Britains rates would not ease global supply chain problems, for instance, or spare British h… [+2748 chars]

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