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Podcast: Beyond Currency
Episode: 3 April 2023 - Real incomes on track to rise in ‘23
Description: The Bank of England is expected to bring to an end its series of rate hikes in May after it agrees on one final hike. The view of the market is that rates are either at a restrictive level now, or will be following another hike and there is a danger, given the perceived fragility of the economy, that there is a danger that the Central Bank may tip the economy into recession.
This is especially true given that, in its own words, the Bank expects the economy to be flat this year. Any further tightening of monetary policy runs...