HC Deb 31 March 1955 vol 539 c45W
2. Mr. Lewis

asked the Chancellor of the Exchequer what effect his change in the Bank Rate has made during the past month; and to what extent this has reduced the cost of living.

Mr. Maudling

While it is too soon to look for statistical evidence, I do not think there is any doubt that the measures recently taken are exercising a useful check on credits.