
How worrying is the falling pound?
Coffee House Shots
00:00
What Is the Bank of England Doing on Quantitive Tightening?
The bank is trying to calm the economy through interest rate rises, whileas the government is trying to stimulate the economy through cutting taxes. And i mea the problem is those policy goals are contradictory. I think there was a sense that andrew bailey would be much more happy to go along with faster interest rate rises than it appears he has been. There's plenty of evidence to suggest he wouldn't have gone along with their plans a but as it happens, you know, he's moving slower than they want.
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