UK Inflation Troubles Weigh On The Bank Of England

Photo by Colin Watts on Unsplash 


UK inflation has come in dramatically higher than expected yet again. As concerns over the rising threat of recession build, all eyes will be focused on the Bank of England's rate decision tomorrow – so what could be next for the central bank? ING's James Smith has a few answers.

Video Length: 00:01:53


UK inflation troubles weigh on the Bank of England

Questions over the UK's persistent inflation problem and unfavourable comparisons with both the US and the eurozone are gaining momentum. As Bank of England officials find themselves in an increasingly difficult position, here's what could be next for UK interest rates.


More By This Author:

Poland: Further Declines In Industrial Activity And PPI
UK Inflation Shock Piles Pressure On The Bank Of England
FX Daily: Powell Set To Sail FX Markets Into The Next Data Releases

Disclaimer: This publication has been prepared by the Economic and Financial Analysis Division of ING Bank N.V. (“ING”) solely for information purposes without regard to any ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.