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Podcast: Beyond Currency
Episode: 15th March 2022 - MPC must tread carefully
Description: "Silvana Tenreyro, a member of the Bank of England’s Monetary Policy Committee, spoke yesterday of the collective responsibility of the committee to carefully consider changes to interest rates considering the volatility of the financial markets due primarily but not exclusively to the conflict in Ukraine.
Tenreyro believes that the Central Bank was already facing some tough decisions even before Russian troops crossed the border into Ukraine.
With the economy yet to completely recover from the Coronavirus Pandemic, there is a real chance inflation is set to rise further. The Bank, already having hiked interest rates at its two most re...