What's in issue four of "INTEREST"?

We highlight that:

• Although inflation (CPI) at 4.6% is a lot less than it was in September, it is still over double the MPC’s official target of 2%.
• Savings rates are still negative (after inflation and 20% tax) and have been for a long time.
• Interest rates are the most fundamental symptom of the state of an economy. Too low and it is lethargic, too high and it is struggling.
• The value of the pound against the dollar and the euro is damagingly low.

Issue five published Friday 19 January 2024

We're ready to answer any questions

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