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Signs of slowing


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3 hours ago, SteamyTea said:

It is not their job to deal with it.

We have an elected government, who chooses a Chancellor, to do that job.

 

This is incorrect. It's not the job of the Chancellor, inflation is a clear responsibility of the Bank of England. 

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2 hours ago, Marvin said:

Everybody spending time outside??? Less chance of spreading.

Think it is Board Masters this weekend.

And I was at a small town carnival earlier, that was busy, and packed in.  The band actually asked people to get closer.

 

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5 hours ago, oldkettle said:

This is incorrect. It's not the job of the Chancellor, inflation is a clear responsibility of the Bank of England. 

Correct, but the Chancellor (though parliament) sets the overall inflation rate that the BoE has to report when they do not achieve it.

Income tax/NI and VAT policies also have an affect in inflation.

But my response was about economists.

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