He has also found out , or is finding out the carnage high comparative rates are having on manufacturing, tourism, agric etc etc so upping them is no longer going to be about confidence coming back but also what is good for the whole, up to now neglected, economy. These low rates may have to be in place until such time as the other nations start to lift their rates.We need to have our currency go down and pushing them up to soon could see even greater rises to our dollar. He just has woken up waaaaayyyy too late as usual.
