
Surveillance: Ryding's Central Bank Critique terminal: Surveillance: Ryding's Central Bank Critique (Podcast)
Bloomberg Surveillance
00:00
I'm Astonished by That Conversation
I'm amazed by the certitude that they're going to do a pivot or whatever you want to call. The finances of the economy, prospectively going forward, are in better shape now than they were prospectively with the many budgets put forward in September. But the UK is still struggling with Brexit and struggling with inflation issues. And the Bank of England, I don't think has raised rates quickly enough or early enough to get on top of that. Now we're faced with this very interesting question: Can policymakers raise rates enough, tighten policy enough to get inflation under control without sparking a significant financial crisis?
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