HC Deb 27 June 1985 vol 81 c487W
38. Mr. Latham

asked the Chancellor of the Exchequer whether he will make a statement on the current level of interest rates.

40. Mr. Ray Powell

asked the Chancellor of the Exchequer if he will make a statement about the level of interest rates.

Mr. Ian Stewart

Short-term interest rates remain high but have fallen by around 1½ per cent. from the levels reached in January. Short-term rates will be held at the level needed to achieve monetary conditions that will continue to bring inflation down.