Rates means it is trying to take the heat out of the economy by making mortgages and loans more expensive, which gives households and businesses less money left over to spend on business expenses or household expenses. it is really treading a fine balancing act. the really difficult thing for the bank of england as a lot of the inflationary pressures it is trying to combat are actually driven by factors largely out of its control, things like the in ukraine which have sent food prices and gas prices sharply higher. it is a rather crude tool, interest rates which are used tool, interest rates which are used to deal with a very global problem which is being face notjust by our domestic economy but by other economies around the world. we heard from the federal reserve last night, the us central bank, that it is still raising rates aggressively to combat inflation stateside. hagar still raising rates aggressively to combat inflation stateside. how much is also caused combat inflation sta
Be a comma and cut off my remarks. there were a lot of problems with the texas bill. i m focused on washington state and i m focused on delivering for the people of washington state. i made that clear in my ad that i am there to combat inflation, get the cost of living under control, lower gas prices, get our crime under control, get our small businesses back to workers back to work so we have a thriving economy here in washington state. i want to ask about another issue that voters call a priority, that is the state of american democracy. i want to play a little bit of what president biden said on thursday night. i want to be very clear. very clear up front. not every republican, not even a majority of republicans are maga republicans. maga republicans do not respect the constitution. they do not believe in the rule of law. donald trump and the maga republicans represent an extremism that threatens the very foundations of our republic.
For the people of washington state. i made that clear in my ad that i am there to combat inflation, get the cost of living under control, lower gas prices, get our crime under control, get our small businesses back to workers back to work so we have a thriving economy here in washington state. i want to ask about another issue that voters call a priority, that is the state of american democracy. i want to play a little bit of what president biden said on thursday night. i want to be very clear. very clear up front. not every republican, not even a majority of republicans are maga republicans. maga republicans do not respect the constitution. they do not believe in the rule of law. donald trump and the maga republicans represent an extremism that threatens the very foundations of our republic. when you think about the january 6th attack on the capitol, the threats against the fbi, attempts to overturn the