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The theatre only knows what it's doing next week, not like the opera, where they say: What are we going to do in five years' time? A completely different attitude. ↗
Interest rate cuts have an effect in stimulating an economy by directly or indirectly making someone, somewhere, spend more than they otherwise would. That extra spending increases demand and ensures that we all carry on with work to do, without us having to slash our prices or our wrists. ↗
