The pandemic stimulus has left a lasting impact on various aspects like bank balances for high earners, attitudes of hiring managers, consumer behavior, downtown core vitality, and economic growth. This has made the job of central bankers challenging as they navigate through uncharted territory, although it has also facilitated sustained growth due to one-off pandemic-related factors.
America’s central bank left rates untouched, to widespread market delight. Why is this economic cycle confounding expectations so much, and how to bring it to a gentle end? We look at the modern fortunes of Vodafone, a once-mighty telecoms firm that is slimming down to get healthier (11:21). And why Britain’s system for protecting its historic buildings from change…needs to change (16:10).
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