Pushing the Financial Statement beyond the next Bank of England Monetary Policy committee meeting. Any rise in interest rates will be a further measure of the MRP, Moron Risk Premium, devised by the Financial Times to measure the efficacy of the Truss/Kwarteng experiment.
The problem with markets is that they aren't ideological and they have short memories. The MRP (as measured by the Gilt-BTP spread) is now negative and within historical norms (as measured by the Gilt-Bund spread).
Pushing the Financial Statement beyond the next Bank of England Monetary Policy committee meeting. Any rise in interest rates will be a further measure of the MRP, Moron Risk Premium, devised by the Financial Times to measure the efficacy of the Truss/Kwarteng experiment.