Playing late allows more time to read the ball, but risks a hurried shot. Playing early allows a more gradual forward movement, but the danger is that the initial first movement is misjudged.
The Bank doesn't want to choke the recovery, but an emergency rate of 0.5% can't last forever when the economy is growing at 4%. So, tell us, what's the best strategy when you're in the corridor of uncertainty? Economic statistics lie, Haldane explained. Call it an elegant way of saying "dunno".
Much the same could be said of the speech by
So why did governor
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