Monday, November 13, 2006

Target Two Point Zero

You may or may not be aware that the government has a target for inflation, which is 2.0%.

There is also a contest for sixth-formers and the first rounds start shortly. It’s a joint effort run by the Times and the Bank of England.

Have a look.

http://business.timesonline.co.uk/article/0,,8209-2450968,00.html

Does actually give some helpful understanding of why interest rates fluctuate, how the economy is driven and the impact of interest rate changes.


Johnny

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