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Podcast: The Property Nomads Podcast
Episode: Rates Down = Inflation Up
Description: Rob discusses the recent decrease in interest rates by the European Central Bank and the potential upcoming decision by the Bank of England to follow suit. He delves into the implications of lowering interest rates on inflation and the economy, and highlights the historical context of inflation, the impact on housing and portfolios, and the importance of understanding macroeconomics when making financial decisions. KEY TAKEAWAYS The European Central Bank and the Bank of England are likely to lower their base rates, which may lead to inflation. Inflation rates have been higher than the ideal 2%, despite government s...