Summary
Business is shooting at the wrong target whenever the Bank of England's Monetary Policy Committee's raises or holds bank interest rates, Birmingham Chamber of Commerce and Industry said yesterday.
On the day before the monthly rates announcement, the chamber said that the Government must enjoy the flak that is thrown at the MPC by all sectors.See the full content of this document
Extract
Don't Blame the Bank for Rise in Rates
Jerry Blackett, policy director at the chamber, said: 'In fact the bank is discharging its duty with great success. It is following the Government's mandate to th...
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