The UK Economy Is Delicately Placed! [Podcast]

The Bank of England, alongside other Central Banks say they are being data dependent as they try to balance interest rates, inflation, growth and employment. So the latest from the UK ONS revealed that the UK economy delivered its strongest quarterly growth in more than a year, a surprising show of resilience that will keep pressure on the Bank of England to raise rates further to generate more weakness to bring inflation down in line with its forecasts. The Bank of England is concerned that the economy’s pace, while sluggish by historical standards, is fanning upward pressure on wages and […]