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Podcast: Beyond Currency
Episode: 3rd December 2021 - What would a hike do for Bailey’s reputation?
Description: "Household savings rates have again reached levels that were first seen over a year ago as hopes grow that they will provide a cushion for middle income families who face enduring the most of higher expenditures over the next twelve months.
House prices and pension pots have both risen significantly, despite the economy not yet at its pre-Pandemic Level. A rise of 8.4% last year compares to a rise of 3.3% in 2019. The rise is double the average over the past ten years.
The effect of inflation on savings will moderate the rise in the next twelve months, while asset prices, particularly...