5min chapter

Moody's Talks - Inside Economics cover image

Poor Policy, Plunging Home Prices, and a Plummeting Pound

Moody's Talks - Inside Economics

CHAPTER

What Do You Think?

Omi: The bank of england has to respond. There they have a single mandat, and that's inflation. So any inflation that physical policy adds to the economy, the bank of England has to offset it. Omi: I wonder how long that calm lasts if the new government persists in trying to implement this policy. And i guess we'll see how aggressive the central bank will now be in their efforts to mop up.

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