Interest Rates and Inflation (Hansard, 9 February 1990)

HC Deb 09 February 1990 vol 166 c822W 822W

§ Mr. John Evans
To ask the Chancellor of the Exchequer what research he has undertaken on the relationship between interest rates and inflation rates in member states of the European Community.

§ Mr. Ryder
The experience of member states of the European Community confirms that an increase in interest rates is the appropriate response to inflationary pressures.