sabato, Dicembre 2, 2023
HomeVideoInterest Rate: 'It is a big moment' - Sky's Ed Conway analyses...

Interest Rate: 'It is a big moment' – Sky's Ed Conway analyses rate hold decision

Sky’s economics and data editor Ed Conway gives his take on the Bank of England’s decision to hold the interest rate at 5.25%.

“It is undoubtedly a big moment, we have been through the longest period in modern economic history of the Bank of England raising rates one meeting after another,” he said.

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#bankofengland #interestrates #economy

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16 Commenti

  1. This just shows BoE and Govt do not care about inflation or prices, with there large salaries they do not even notice prices rising. Until inflation is back down to 2% or below, the UK will just go backwards.

  2. With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly—which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $275k bond/stock portfolio

  3. The problem is not in the banking system, but in the money that has flowed into the country from Asian countries. A critical situation is created by the non-productive sphere in the country – trade, contraband, the huge and abnormally large children's shelters. These are state budget items that should be directed to science and the development of modern industrialization. The state policy encourages mini-keabu shops, which serve the distribution of contraband cigarettes and alcohol. The illegal circulation of dirty money in the country is measured in billions of pounds. The increase in food prices was caused by the mini-shop monopolizer, which destroyed competition in the food market.

  4. Inflation isn't coming down, it's just the basket of goods and services CPI is based on is not changing to reflect current consumer spending. Prices in certain sectors are dropping along with profits as customer numbers fall and competition in the market increases, it's kinda obvious really, so many sales and special deals everywhere as public spending decreases. Unemployment will start to kick in soon and I predict many more "surprised" dumb economists in the near future.


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