Written question asked by Austin Mitchell (Labour), in the House of Commons. It was due for an answer on Tuesday, 15 November 1988. It was answered by Lord Lilley (Conservative) on Tuesday, 15 November 1988 on behalf of the Treasury.

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Untitled Written question

Question

To what extent increase in interest rates is intended to curb inflation by raising exchange rate, reducing real disposable incomes of mortgagees, making other forms of consumer credit more expensive & curbing take-overs & other forms of asset speculation.

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Secondary information

Type

Written question

Reference

140 c571W;140 c571-2W

Session

1987-88

Subjects

Interest rates Inflation Exchange rates