
Surveillance: BOE Steps Up Inflation Fight
Bloomberg Surveillance
00:00
The Debate on Money Policy in the United Kingdom
markets are pricing in 6%. The last time I looked earlier this morning, this is really triggering a recession. We do feel that the monetary tightening will trigger recessions in a number of different countries. A soft landing is very difficult. And unemployment rates were starting to nudge higher but tightness in the labor market is very worrying.
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