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A comment on Federal Reserve slashes interest rates to zero. Parent comment

Re:Federal Reserve slashes interest rates to zero by dmix on Sunday March 15, 2020 @09:42PM (#22588846)
I keep hearing this is the UK policy on HN but it’s been repeatedly denied by the authorities? The UK’s reactive containment policy is also what almost every country is doing as well, even in Europe, besides a few exceptions like Italy and Spain who have way higher rates. For one thing the UK has already announced harsher law enforcement policies than what we have here in Canada.

> Matt Hancock insists 'herd immunity' not part of government's plan for tackling coronavirus

> Mr Hancock added: "Herd immunity is not a part of it. That is a scientific concept, not a goal or a strategy. Our goal is to protect life from this virus, our strategy is to protect the most vulnerable and protect the NHS through contain, delay, research and mitigate."

https://politicshome.com/news/uk/health-and-care/illnesstrea...

[ Parent | on HN ]
Re:Federal Reserve slashes interest rates to zero by ummonk on Sunday March 15, 2020 @10:21PM (#22589133)
The UK government has been explicit that they don't expect to new able to contain the virus in the long term, and are merely trying flatten the curve. They might not be trying to build herd immunity intentionally, but they certainly have given up on being able to contain the virus isn the long run, according to their own statements.
[ Parent | on HN ]