No Barbie Dream House or turkey for Christmas, but U.K. may get an interest rate hike

With shortages forecast for everything from toys to turkeys this Christmas, some beleaguered Brits may be pining least for an interest rate increase. But a surge in U.K. bond yields was indicating that’s exactly what they may be getting.

“And that’s why we at the Bank of England have signaled, and this is another such signal, that we will have to act,” he said. Bailey’s comments come on the heels of hawkish comments seen in recent weeks by he and others on the bank’s monetary policy committee. “Guessing how nine people in a room are going to vote on interest rate policy isn’t based on any science, but a rate increase in November would give the impression of a pretty panicked knee-jerk reaction to events unfolding in the energy market,” he said, adding that a December hike may be more likely with the bank needing to consider lots of data in between.

The U.K. has been struggling with petrol shortages due to a lack of drivers, while the toy industry has predicted shortages of Barbie sets and coveted Paw Patrol figures for Christmas, alongside warnings of turkey shortages due to a lack of butchers.

0.10 - 0.11?

Bitcoin fixes this, and barbies/turkeys et al

UK already got the very dodgy and unkept Johnson...what more do they want?

ovvvv , hepimiz batığız inanılmaz 🙄

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