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Are we in for a winter of financial hope or pain? The Bank of England has held interest rates at 3.75% in a move which might come as some relief for mortgage ho…
Are we in for a winter of financial hope or pain?
The Bank of England has held interest rates at 3.75% in a move which might come as some relief for mortgage holders. However the Bank’s governor has warned about high energy costs coming down the line.
The move comes in contrast to the US Federal Reserve increased interest rates for the first time in more than three years. So what does this say about the UK economy? And, for the impact on the cost of living in Winter? Adam, Chris and Faisal are joined by Stephanie Flanders, head of Economics and Government at Bloomberg.
00:00 Bank of England holds rates
01:14 What the decision means for mortgages and savers
03:33 Why are the US and Europe acting differently?
05:38 Budget choices for the chancellor
08:07 Are there tough choices ahead?
15:10 What is the impact of the Middle East?
19:54 What have bonds got to do with it?
Subscribe to our channel here: https://bbc.in/bbcnews
For the latest news download the BBC News app or visit BBC.com/news
#BBCNews
...more
15 Comments
@@СергейПетров-т3д2хImported1mo ago
Doesn't anyone in Europe understand that all their economic and migration problems were created by Putin when he attacked Ukraine in 2014 and 2022? And didn't Russia bomb all the cities in Syria in 2015? Isn't it clear that we need to leave Putin without money, buying nothing from him and selling nothing to Russia! After all, on all state TV channels in Russia, they constantly promise to capture Europe and wash the boots of Russian soldiers in the Atlantic Ocean!
@@FrancoisMoore-c4mImported1mo ago
🕊️ God sees all our struggles, from inflation to political choices. He holds our future, not the world’s leaders. Let us pray for peace, wisdom, and provision for everyone across the globe. 🙏<br><br>🌍 English: Trust in God's plan. Peace and unity to all nations.<br>🇿🇦 Zulu: Wethembe uNkulunkulu. Ukuthula kube nani.<br>🇿🇦 Xhosa: Themba uThixo. Uxolo lube nani.<br>🇫🇷 French: Confiance en Dieu. Paix et unité pour tous.<br><br>🤟 Sign Language (Symbols):<br>[🫵 You / Me] [❤️ Love / Peace] [☝️ God / Above] [🤲 Blessings / Pray] [🤝 Together / Unity
@@IvyFox1Imported1mo ago
Prices never go back down. Ever.
@@N33thanImported1mo ago
inflation is a festival like chirstmas its will come you talk about or not until we stop celebrate killing Palestinian
@@auro1986Imported1mo ago
why? bbc
@@gazjaz2010Imported1mo ago
Because diesel prices
@@rustyshackleford3233Imported1mo ago
Maybe it has something to do with all the damn bombs and killing and war.
@@iscariotprojectImported1mo ago
half the planet is engulfed in war and the other half is under tradewars...duhh
@@NowisEvollovetionImported1mo ago
Inflation (currency devaluation and rising prices) won't stop as our irresponsible government won't stop 'Massively Overspending' and either borrowing or printing up the different in a vain effort to balance the books. Best wishes 🙏
@@mp3lyImported1mo ago
There's only so many legal and illegal migrants you can import to claim the economy is growing.
@@michelangelope830Imported1mo ago
Letter to all the children of the world. You are my only hope. You are still not corrupted. You will understand i want to do good to you. Listen please with attention. I have discovered God exists. You are a child and I ask you if you think it is important. Humanity don't think it is important. What is life about?. We have to discover if we are created or not. I have discovered we are created. Do you want to know more?. Are you interested?. I teach but they don't want to learn. Do you want to learn why God exists?. I am tired and I need to rest. I want to live for the rest of my life in an isolation cell 24/7 safe alone. Experiencing the punishment I would inflict on a serial killer. I am not a mad man, I had enough. I deserve Nobel Prizes. I am a poet and artist. To not waste this poem i say atheism is a logical fallacy that assumes God is the religious idea of the creator of the creation to conclude wrongly no creator exists because a particular idea of God doesn’t exist. If religion is false doesn’t make atheism true. This is my last poem. Share if you dare and care to end the pain. Thank you.
@@homewall724Imported1mo ago
Because our rulers keep counterfeiting the fake (aka fiat) currency, spending mightily into ever more debt and refusing the very notion of free people in free markets with free speech and association. Slaves can complain, but voting for more forced unity won't ever solve it.
@@AncientNomad0Imported1mo ago
Capitalism has become an insatiable ideal.
@@PEC9905Imported1mo ago
Funny thing about inflation. We never see prices go down. Ever hear of negative inflation? Once inflation cools, all that happens is prices stay the same. Once they get us used to paying those prices, they never have to lower them.
@@Kratos-005Imported1mo ago
Stop blaming trump ffs. It’s green policies implemented by this treasonous government. The end.
The Bank of England has held interest rates at 3.75% in a move which might come as some relief for mortgage holders. However the Bank’s governor has warned about high energy costs coming down the line.
The move comes in contrast to the US Federal Reserve increased interest rates for the first time in more than three years. So what does this say about the UK economy? And, for the impact on the cost of living in Winter? Adam, Chris and Faisal are joined by Stephanie Flanders, head of Economics and Government at Bloomberg.
00:00 Bank of England holds rates
01:14 What the decision means for mortgages and savers
03:33 Why are the US and Europe acting differently?
05:38 Budget choices for the chancellor
08:07 Are there tough choices ahead?
15:10 What is the impact of the Middle East?
19:54 What have bonds got to do with it?
Subscribe to our channel here: https://bbc.in/bbcnews
For the latest news download the BBC News app or visit BBC.com/news
#BBCNews
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Why won't inflation go down? | BBC Newscast
Divya Nair • 2.6K views
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