Surveillance: BOE Rate Hikes with Davies (Podcast)
Bloomberg Surveillance
00:00
Is There Any Way That Central Banks Can't Tame Inflation?
Of the four external economists, three voted for a 50 basis point rise. One voted with the bank of england insiders for the 25 % rise. Sir howard: The weakness of sterling is contributing to inflationary pressures as well. I mean, they have a blunt tool that can raise rates, choe demand and drive an economy into recession.
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