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Podcast: Beyond Currency
Episode: 10 May 2022 - Hawkish Saunders wants more hikes
Description: Michael Saunders has built a reputation during his time as a member of the Bank of England’s Monetary Policy Committee for being particularly hawkish about tackling inflation.
He was something of a lone voice last summer when he voiced his concern over rising inflation. At that time, he was considered to be akin to the boy who cried wolf given the expectations being promoted around growth.
He was the first to spot the effect that rising energy prices would have on inflation and how emergence from the pandemic may unbalance the economy.
Yesterday, Saunders spoke of his continued concerns ov...