{"id":3150,"date":"2011-02-17T14:18:51","date_gmt":"2011-02-17T12:18:51","guid":{"rendered":"http:\/\/www.malcolmblair-robinson.co.uk\/wordpress\/?p=3150"},"modified":"2011-02-17T14:18:51","modified_gmt":"2011-02-17T12:18:51","slug":"inflation-and-interest-rates","status":"publish","type":"post","link":"https:\/\/www.malcolmblair-robinson.co.uk\/wordpress\/?p=3150","title":{"rendered":"Inflation and Interest Rates"},"content":{"rendered":"<p>Inflation is now getting to critical levels. This blog has repeatedly taken the side of those who think it is time to start raising Bank Rate. A quarter point rise was due some while back. Now a half point is needed. Interest rates would remain historically low, but a signal would go out that inflation will not be allowed to get a grip. There are serious doubts that the only reason for inflation is outside factors, outside the Bank of England&#8217;s control. Whatever the cause, its remit is to control inflation. It has a lever, the level\u00a0interest rates, and its own credibility requires it to use that\u00a0lever very soon.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inflation is now getting to critical levels. This blog has repeatedly taken the side of those who think it is time to start raising Bank Rate. A quarter point rise was due some while back. Now a half point is needed. Interest rates would remain historically low, but a signal would go out that inflation [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3150","post","type-post","status-publish","format-standard","hentry","category-malcolm-blair-robinson"],"_links":{"self":[{"href":"https:\/\/www.malcolmblair-robinson.co.uk\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/3150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.malcolmblair-robinson.co.uk\/wordpress\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.malcolmblair-robinson.co.uk\/wordpress\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.malcolmblair-robinson.co.uk\/wordpress\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.malcolmblair-robinson.co.uk\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3150"}],"version-history":[{"count":3,"href":"https:\/\/www.malcolmblair-robinson.co.uk\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/3150\/revisions"}],"predecessor-version":[{"id":3153,"href":"https:\/\/www.malcolmblair-robinson.co.uk\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/3150\/revisions\/3153"}],"wp:attachment":[{"href":"https:\/\/www.malcolmblair-robinson.co.uk\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.malcolmblair-robinson.co.uk\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.malcolmblair-robinson.co.uk\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}