Here is a conundrum. At midday on Thursday, the Financial institution of England will probably enhance rates of interest for the sixth time in a row. Analysts are typically anticipating an increase of a half of a proportion level– the most important single hike since earlier than the Financial institution was made unbiased, when financial coverage was finally the duty of a chancellor referred to as Ken Clarke.
But this week’s fee rise shouldn’t be supposed to chill an overheating economic system – removed from it. Each the IMF and the OECD forecast that…
