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Home > Share Radio Afternoon > Inflation above target: Will the Bank of England have to act soon?
Podcast: Share Radio Afternoon
Episode:

Inflation above target: Will the Bank of England have to act soon?

Category: Business
Duration:
Publish Date: 2017-04-11 09:18:19
Description:

UK inflation stayed steady at 2.3% in March, following rises in recent months. The biggest month-on-month rises were in food, but the figure was held down by low air fares. Given that inflation is above the Bank of England's 2% target, does that mean that the Bank will want to act soon and raise rates? And was last summer's cut to 0.25% a mistake? Ed Bowsher was joined by Ruth Gregory, UK Economist at Capital Economics to discuss further.

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