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17min chapter
What Lower Inflation Means For You
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Navigating Inflation and Public Finance
This chapter explores the recent decline in inflation to 1.7% and its implications for government policies and public finance. Insights from economic correspondents reveal the complexities of interest rate adjustments by the Bank of England, potential impacts on benefits and pensions, and the challenges of addressing a substantial budget gap through taxation and spending cuts. The discussion balances light-hearted moments with serious economic analysis, reflecting on the ongoing necessity for public spending amidst a fluctuating economic landscape.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode