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Podcast: Beyond Currency
Episode: 12 September 2022 - Economy grounds to a halt as morning begins
Description: The Monetary Policy Committee meeting that was scheduled to take place this week has been postponed and put back a week as the nation mourns the death of Queen Elizabeth II.
The meeting now due to take place on September 22nd is expected to hike rates possibly by seventy-five basis points as inflation continues to rise. The latest figures for CPI will be released on Wednesday, with headline inflation likely to have reached 10.5%.
It is hoped that the announcement by the government of its plans to provide support for consumers by limiting the rise in the energy price cap to £2,500 f...