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Podcast: Beyond Currency
Episode: 16 January 2023 - Inflation may have peaked
Description: The data for GDP that was released late last week confounded markets that had seen very little cause for redemption for the UK economy following a year that was characterized by negativity at just about every turn.
Political upheaval, industrial action, inflation and Brexit each conspired to provide an expectation of weakness and recession for the economy. However, there was one bright spark in the final quarter of the year, provided by the FIFA Men’s World Cup, which took place in Qatar.
While the performance of the England team was fairly predictable, the tournament gave a healthy boost to th...