Why is Britain getting inflation so wrong?
The Briefing Room
00:00
The Effects of Rising Interest Rates on the Economy
Rising interest rates will have effects throughout the economy that we can't even quite contemplate yet. There's also likely to be a recession either way, you know, with you a recession,. A lot of weird stuff that happened in the global economy and the domestic economy over the last couple of years. Remember that there is a whole generation of people who've never seen interest rates at these levels.
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