Thank competition – not magical central bankers – for years of low inflation
![](https://volterra.co.uk/wp-content/uploads/2016/10/15632503179_70a61d9025_z-e1476884510256-1.jpg)
Tempers are fraying at the highest levels of economic policy-making in the UK. Theresa May, at the Conservative Party conference, emphasised the “bad side effects” for savers of the Bank of England’s policy of near-zero interest rates, a position reinforced by former Tory leader William Hague in the Telegraph this week. A few days ago, […]