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Podcast: Beyond Currency
Episode: 25 June 2021 - Economy 97.5% of pre-Covid level
Description: "The Bank of England’s Monetary Policy Committee met yesterday and in tune with other major economies, decided that stimulus remains more important than tackling rising inflation.
They left both the level of bond purchases and interest rates unchanged.
There is a concern that something is going to have to give.; Rising inflation could cut the nascent recovery in various economies off at the knees, but the feeling is that more stimulus will solve that issue.
The crystal ball viewers are finding it impossible to decide between inflation and growth as the most important driver for the global economy.
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Beyond Cu...