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Our terrified central bankers have sat on interest rates long enough

Plus: Corbyn and the City; the fall, rise and fall of Redcar steel; and your responses on non-execs and the Living Wage

26 September 2015

8:00 AM

26 September 2015

8:00 AM

When news broke last Thursday evening that the US Federal Reserve had decided to keep interest rates on hold, I happened to be surrounded by serious economists representing a range of viewpoints and nationalities. None seemed surprised by the decision, though the media had declared it to be on a knife edge.

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