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Ignore the doom-mongers: the good news on interest rates shows Labour is on the right track | Mohamed A El-Erian

By The Guardian   |   Nov 7, 2024 at 10:27 AM EST
Ignore the doom-mongers: the good news on interest rates shows Labour is on the right track | Mohamed A El-Erian

The British press has criticized the Labour government's recent budget, but there are important aspects to consider. The budget prioritizes higher investment, modernizes fiscal rules, supports the NHS, and manages market reactions. Acknowledging these positives and lessons is crucial for economic progress.

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