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Podcast: Beyond Currency
Episode: 15 December 2022 - Headline inflation falls to 10.7%
Description: The Bank of England’s Monetary Policy Committee will conclude its final meeting of the year later this morning, having raised short-term interest rates at every meeting in a year that has seen inflation continue to rise to a level that has not been seen in a generation.
The Economy has been hit with a perfect storm of factors that have often been out of the control of the Central Bank, but history will decide if the actions that have been taken have been sufficient.
The exponential increase in the wholesale price of gas, the war in Ukraine and shortages of...