HC Deb 17 April 1989 vol 151 c12W
Mr. Barry Jones

To ask the Chancellor of the Exchequer what further plans he has to tackle(a) inflation and (b) the expansion of consumer credit.

Mr. Lilley

[holding answer 13 April 1989]: Interest rates will continue to be set to bear down on inflation. Interest rates are also the only effective means in an open economy of curbing consumer credit growth, if excessive.

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