Interest rates have to be cut
Trevor Williams quoted in the Guardian, the BBC, and The i
SMPC mentioned in Mail+ and This is Money
The article read:
“There are signs though that unless the Bank pauses today the outcomes could be calamitous. The free market Institute of Economic Affairs notes that the money supply is contracting at a 4.1pc annual rate, which means that the availability of credit is contracting. It fears a recession.”
Read the full article here.
The SMPC was also mentioned in This is Money.