Inflation figures out in the UK, stable at double the, randomly selected, arbitrary 2%, “target”.
No mention of the driver of this inflation…. Lack of supply, excessive costs of production and oh yeah, deficit spending.
Most worrying is Ms Reeves, now well practiced response, “bring bills down and support people” exactly how do you plan to do that, hmmm, money printing?
Deep breath, stay humble, and side step what ever support they offer, or lean into it, take on some loans, buy hard assets and allow the inflation to run wild.