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Base Rate Outlook for 2023/24. Is 4% the new normal?
Manage episode 354309144 series 3433114
Charlie Lamdin에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Charlie Lamdin 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
The Bank of England set the base rate 0.5% higher at 4% today. Is this the new normal? Or will they go much higher?
I had a 5 minute chat with my old friend and pundit Alex Groundwater to get his views on what's likely to happen with bank interest rates and why.
Alex Groundwater is a good friend from early school days, one of the rare ones I have kept in touch with.
He describes himself as:
"A Gen-X data enthusiast. Helping Bio-Techs build labs and manufacturing facilities for T Cell cancer therapies. mAB 🐀, reader, maths literate!"
I often refer to him, not seriously, as my "quant guy" on YouTube videos.
He wrote this short story about the income destruction of an imaginary wealthy middle class couple living in London to demonstrate the potential effects of the current inflation and interest rate we have in the economic environment in early 2023.
You can find him here on Twitter
https://twitter.com/alexgroundwater
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