According to Christine Lagarde, head of the IMF:
Deflation is the ogre that must be fought decisively
So on the face of it, not much chance of interest rates rising for the foreseeable future
(as some of us, such as DimPrawn and myself, have been saying ever since the crisis started when many were waffling on about interest rates rising within months)
Deflation is the ogre that must be fought decisively
So on the face of it, not much chance of interest rates rising for the foreseeable future
(as some of us, such as DimPrawn and myself, have been saying ever since the crisis started when many were waffling on about interest rates rising within months)
Comment