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Podcast: Beyond Currency
Episode: 17th March 2022 - Rate hike cycle to continue
Description: "Today’s meeting of the Bank of England’s rate setting Monetary Policy Committee is now expected to hike interest rates for the third time in as many meetings.
The market is in little doubt that the Central bank is serious about trying to bring inflation back under control. However, it doubts its ability to do so, given the issues being faced by the economy.
The meteoric rise in energy prices that began even before Russia invaded Ukraine is one of several issues that need to be considered today.
Bank of England Governor, Andrew Bailey may even be justified in comm...