Raise Bank of England inflation target to 3%, says leading thinktank

<p>Resolution Foundation also calls for Bank to have power to set negative interest rates in response to future downturns The Bank of England should be set a 3% inflation target and given powers to crash borrowing costs below zero in response to future economic shocks, a leading thinktank has said. The Resolution Foundation said Britain [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.theguardian.com/business/2023/oct/19/raise-bank-of-england-inflation-target-to-3-percent-negative-interest-rates">Raise Bank of England inflation target to 3%, says leading thinktank</a> appeared first on <a rel="nofollow" href="https://newsmovesmarketsforex.com">NewsmovesmarketsForex.com</a>.</p>