http://blogs.reuters.com/great-debate-uk/2010/01/13/can-inflation-be-controlled-by-raising-interest-rates/ Thu, 23 May 2013 11:09:22 +0000 hourly 1 http://wordpress.org/?v=3.4.2 http://blogs.reuters.com/great-debate-uk/2010/01/13/can-inflation-be-controlled-by-raising-interest-rates/comment-page-1/#comment-9362 Tim Worlock Wed, 13 Jan 2010 18:21:21 +0000 http://blogs.reuters.com/great-debate-uk/?p=5159#comment-9362 My view is that the UK will not be able to control domestic inflation through interest rate rises, since inflation is global. Anyway a hawkish view will kill off any sign of a recovery in its tracks. No alternative other than spending cuts and tax rises. My view is that the UK will not be able to control domestic inflation through interest rate rises, since inflation is global. Anyway a hawkish view will kill off any sign of a recovery in its tracks. No alternative other than spending cuts and tax rises.

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