§ Mr. Wareingasked the Chancellor of the Exchequer if he will take action to hold down interest rates; and if he will make a statement.
§ Mr. Ian StewartWe continue to give high priority towards encouraging lower interest rates. Maintaining sound fiscal and monetary conditions is the best way to ensure a downward trend in inflation and interest rates over the medium term. But interest rates are bound to fluctuate if we are to keep control of monetary growth.