RE: Traders slash rate cut bets as Britain told it βcanβt afford Labourβ18 Dec 2024 15:55
Of course inflation will be high we're replacing reliable forms of cheap energy/products with less reliable more expensive ones. True with ant ripping out his boiler and replacing with a heat pump and sending us all the bill, true of our grid blowing up coal power and replacing with windmills, true of cars banning internal combustion and replacing with EVs. All the above is inflationary.