@asentance Hang on. Inflation WAS trending down until the US poked Iran, which proves this latest trend upwards is an "external factor". Rate increases are not the tool, it would be like throwing water on a drowning man. The fact the UK is dependant on imports is a matter for another day...
@CNBCOvertime@BlackRock Sort of correct. Fundamentals donβt *always* matter as much as they should. Sometimes they matter a lot, sometimes they matter not a lot. Today we are in the βnot a lotβ camp.