With expectations of the Bank of England raising interest rates growing with each passing month, Omar Ghulam warns that such a course of action may have other consequences. The central banking bible holds that thou shalt raise rates when the economy overheats, or lower rates when the economy cools ‘other things being equal’. What if […]
Should interest rates go up? The fallacy of ‘other things being equal’
By Omar Ghulam Filed Under: All posts, Featured Posted:
