Bank of England risks undermining own inflation policy
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Description
Last week, Bloomberg published an article detailing that the Bank of England (“BOE”) should revise its inflation tightening bias or risk undermining the credibility of its own policy. Despite unchanged guidance since August, inflation has eased faster than expected, wage growth has softened and the economy has slowed. A delicate balancing act lies ahead for the BOE as it navigates through the Spring Budget and an impending general election later this year. With new economic forecasts expected in February, the BOE might recalibrate its policy communication to align with the evolving economic landscape… Stocks featured: EasyJet, Associated British Food and Crest Nicholson Holdings To find out more about the investment management services offered by Walker Crips, please visit our website: https://www.walkercrips.co.uk/ This podcast is intended to be Walker Crips Investment Management’s own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.
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