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Podcast: Beyond Currency
Episode: 10 February 2023 - Q4 GDP data to confirm concerns over a recession
Description: The Governor of the Bank of England, Andrew Bailey, clashed with members of the Parliamentary Treasury Select Committee when they were critical of the Bank’s actions in tightening monetary policy to drive down inflation.
With headline inflation still well into double figures, some committee members accused Bailey and the MPC of damaging confidence in the Central Bank.
While providing his half-yearly testimony before Parliament, Bailey was asked how he can expect the public to be confident that the right decisions have been made over the past eighteen months given the continued high level of inflation in the economy.
Bailey cl...