Economic Outlook, Inflation, and Tax Cuts

The Bank of England has once again taken the decision to hold interest rates at their 15-year high. There is growing market consensus that this second pause is a sign that interest rates have peaked, or nearly reached their peak. Will the Bank be able to tread the thin line between tackling inflation but also keeping the country out of recession? Will Rishi Sunak hit his target to 'halve inflation'? 

Natasha Feroze speaks to Kate Andrews and Isabel Hardman. 

Produced by Natasha Feroze and Oscar Edmondson.