Interest rates "are the wrong tool for tackling inflation " | BBC News 03.08.23

Co-Executive Director Fran Boait on BBC News 03.08.22 explains how interest rates have:
1️⃣ Eroded households' income
2️⃣ Boosted bank profits by 80%
3️⃣ Not tamed inflation, because they're the wrong tool for the job
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