Economic Development and Cultural Change | Vol 66, …
United States presidential election, 2000 - Wikipedia
Needless to say, there are myriad factors that could further delay a tightening in interest rates. One involves the fifth big risk to the economy: the never-ending eurozone crisis. The most recent highlight of the ongoing Greek tragi-comedy has been the suggestion from one of the European Central Bank’s board members that to pay its civil servants if it runs out of cash. Greece’s grand attempt to defy reality and the laws of economics will doubtless end in tears.
It was held on Tuesday, November 7, 2000
Because the Bank of England is independent, none of this was discussed during the election campaign. But it really matters: a could still end up being the defining economic event of this Parliament. It is not just tax and fiscal policy that matters: monetary policy is just as important.