Beyond Currency

24 May 2021 - Rise in inflation to be short-lived


Listen Later

"Bank of England Governor, Andrew Bailey, has joined in with his colleagues from other G7 Central Banks in downplaying the long-term effect of rising inflation on the country’s economy as the UK emerges from the Coronavirus pandemic.
When weighed against a tightening of monetary policy which could cut off the recovery almost as soon as it has begun, inflation is being blamed on transitory as opposed to structural factors and is expected to even out as both the UK economy and those of its largest trading partners reach a degree of equilibrium.
As has been seen in the aftermath of recent FOMC meetings and the release of their minutes, commentators, traders, analysts, and investors are clamouring to understand the tools that Bailey has at his disposal to tackle inflation should it begin to rise at a wholly unexpected pace.
Never before has there been such concerted support and stimulus pumped into the economy.
"
Beyond Currency Market Commentary:
Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.
...more
View all episodesView all episodes
Download on the App Store

Beyond CurrencyBy CurrencyTransfer

  • 5
  • 5
  • 5
  • 5
  • 5

5

1 ratings