Comments on: Can inflation be controlled by raising interest rates? http://blogs.reuters.com/great-debate-uk/2010/01/13/can-inflation-be-controlled-by-raising-interest-rates/ Wed, 16 Nov 2016 01:37:11 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Tim Worlock http://blogs.reuters.com/great-debate-uk/2010/01/13/can-inflation-be-controlled-by-raising-interest-rates/comment-page-1/#comment-9362 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.

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