Beyond Currency

7 February 2022 - Price rises in hospitality sector to hit 10%+


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"Bank of England Governor Andrew Bailey has suffered from the exposure he has received as Central Banks return to the forefront of economic decision-making.
The post financial crisis period saw Central Banks move into the background as interest rates fell and inflation appeared to have been beaten.
That entire period of the cycle was ended by the Coronavirus Pandemic and the monetary and fiscal support that was needed to protect the economy from lasting damage.
Prior to the pandemic, many members of the public would have been hard-pressed to identify Bailey, such was his lack of publicity.
That has changed gradually, culminating first with his being accused of misleading markets over the possibility of a rate hike last November when he badly misjudged the mood of his Monetary Policy Committee.
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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.
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