Surveillance: BOE Hikes, Forecasts Economic Misery
Bloomberg Surveillance
00:00
Is the Bank of England Front Loading Rate Hikes a Bad Idea?
Wage price fire in the united states and in the u.K. is for the birds, says Danny Ahowe. The chance that any of this is driven by workers to demanding and getting higher wages increases 'isn't there', he adds. Andwht we've seen some some attempt to try and keep up nominal wage growth a we've seen big fools in real wages. It's unclear that these rate rises are going to do anything to bring inflation down, being caused by er global oil prices.
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