UK economists debate on further interest rate cuts to combat low inflation

Saturday, September 19th 2015 - 07:15 UTC

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The Bank of England may have to cut rates to combat low inflation, rather than raise them as its next move, its chief economist Andy Haldane has said. UK inflation may not pick up in the second half of the year, and there are risks of fallout from emerging economies, he said in a speech. Read full article

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ChrisR
Haldane you are a twat!

Do you want to put the UK in the same downward spiral that Japan has been experiencing for years?

Well the rest of us don't. Idiot.

He's not an argie clone is he?
Sep 19th, 2015 - 05:45 pm - Link - Report abuse 0
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Conqueror
@1 Can you state your qualifications please?
https://en.wikipedia.org/wiki/Andy_Haldane
Sep 19th, 2015 - 07:01 pm - Link - Report abuse 0
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ChrisR
@ 2 Conqueror

I am pleased to say that my education in 'economics' has been limited to a number of years during which I was being trained as a professional engineer. I also completed the Executive Course at Manchester University, The Manchester Business School.

It was during this course that I was told by one of the lecturers how you can usually spot an economist: he / she will ALWAYS give you at least two options and they will almost never give you a straight answer.

Have YOU read the link and if you have are you impressed, it seems you might be? You do realise this guy has never had a real-world job, don't you?

He left university and went straight into the BofE! I doubt he could even comprehend running a large company and making decision which might cost the jobs of hundreds of workers. In fact, if he is typical of the rest of the BofE civil servants I doubt if he has ever met a worker.

Do you even understand why the Japanese economy is in the shitter, because it doesn't seem so if you think Haldane has a clue what he is on about?

BTW, weren't YOU a civil servant?

Ha, ha, ha.
Sep 20th, 2015 - 12:54 pm - Link - Report abuse 0
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Hmmm
Sep 25th, 2015 - 10:45 am - Link - Report abuse 0
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