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Podcast: Beyond Currency
Episode: 14 August 2023 - Will inflation data get a little massage?
Description: Inflation is expected to have fallen last month by more than one per cent, which will provide some encouragement to the MPC for it to consider when to pause or halt entirely the current cycle of interest rate hikes.
However, wholesale price increases already in the system may see some of that fall reversed in September. This will be a double-edged sword for one section of the community.
The “triple lock” on state pensions and other benefits will be applied next April and is expected to be well above the rate of inflation at that time.
At its most recent meet...