Want to create an interactive transcript for this episode?
Podcast: Beyond Currency
Episode: 10 January 2023 - Unions leave talks with Ministers empty-handed
Description: In an interview yesterday, Huw Pill, the Chief Economist of the Bank of England, reiterated his belief that short-term interest rates in the UK will continue to rise as the Central Bank remains committed to bringing inflation under control.
He went on to say that he and his colleagues on the Monetary Policy Committee see inflation as potentially the most serious danger facing the economy and although fuel and energy prices appear to be moderating which will see headline inflation fall, there remain a number of areas, like accommodation rents that are rising at a record pace. This will see...