§ 38. Mr. Latham
asked the Chancellor of the Exchequer whether he will make a statement on the current level of interest rates.
§ 40. Mr. Ray Powell
asked the Chancellor of the Exchequer if he will make a statement about the level of interest rates.
§ Mr. Ian Stewart
Short-term interest rates remain high but have fallen by around 1½ per cent. from the levels reached in January. Short-term rates will be held at the level needed to achieve monetary conditions that will continue to bring inflation down.