What kind of nonsense you may ask? The Bank of England raised interest rates.

The Bank of England Raises Interest Rates To Fight Inflation And You Still Can't Understand How It Is works?They say global market growth will be stronger than they expected, but what does that mean for you and your wallet? Inflation in the UK jumped to 10.4%, what is it? I thought that this is only in my country such problems. But it seems that we have a common problem with maintaining the stability of the banking system.

But it's interesting how they define the baseconsumer price inflation and what does it exclude? Food and energy prices? Okay, that's understandable, but what else? Maybe prices for space flights or concert tickets?

It seems that the Bank of England expects GDP growth thanks tonew fiscal support? I wish I knew how they would do it! But at least they say household real disposable income won't fall much. This is good, because the English have no desire to live on the street.

And they also say that the prices of clothes and shoesmay be less stable. Well, yes, someone can buy new sneakers for £100, and someone can buy them for £10. So I'm not surprised that the prices of clothes and shoes can fluctuate.

Finally, they say that the labor markettight, but they expect stronger employment growth in the second quarter. I wish this was true, because people want to get a job and start making money. And you fly into my Telegram