there was speculation it might raise rates to head off surging inflation. our economics correspondent, andy verity, is at the bank. so they refused to pull the trigger? yes, that s right. it was quite a surprise and we have seen a reaction on the money markets. the pound is down by about 1% this morning because most people expected them to raise rates. i havejustjumped out of a press conference where the decision makers like the governor andrew bailey are being asked rather obvious questions. ok, so you are saying inflation is going to get up to 5% by next april, the highest it has been in ten years, so why aren t you doing something about it? the answers were we don t yet know what is causing it. a lot of it seems to be global, so it is commodity prices. as the pandemic lifted on the global economy has reopened, it has meant much more demand for
force. and, you know, the zooming and mobile remote working has brought a lot of people to idaho because they re able to work remotely and, you know, it s a wonderful place. i ve been here for almost 30, almost 30 years. been on the city counsel for ten years and, you know, we ve been fighting to try to build more affordable housing for a long time but it s gotten to a crisis tipping point. right. i mean, i m sure just channelling people from home who are watching this right now they probably wonder, you re on the city counsel. why aren t you doing anything about this? also, the city counsel was going to allow a tent city to be built for workers to live temporarily but the city counsel on which you serve in thnixed that plan. why? we came up with better alternatives than camping so
rick wilson. but how do the democrats handle a statement like that which came from mitt romney today? from some of them, really, that s it? you re just appalled, senator romney? what are you going to do about it? is that the best response, or somehow being more receptive? strategically the problem is a lot of democrats respond to these things with emotion and not strategy. the emotion is why aren t you doing more, why aren t you setting yourself on fire? the strategic response is to open a pathway and to say this is the honorable thing to do. hope others follow him and recognize that donald trump is a man who has gone well beyond the law and the bounds of propriety. we believe this is a smart da
the stories are horrible, mr. president. you have children without their parents. you have kids taking care of kids. yeah. you ve read these reports. i know people are coming to you. i know you think this is the democrats problem. well forget it. why aren t you doing something about it. are you ready? they re in terrible shape down there, mr. president. down in homestead, florida, where i grew up, the conditions are terrible. i agree. do something. and it s been that way for a long time. do something. and president obama built the cages. remember when they said i built them. do two wrongs make a right. chuck, listen for one second. separation for president obama, i took over separation. i m the one that put it together. what s happening are the cartels and all these bad people are using the kids. they re it s almost like slavery. let s not punish the kids more. this is the kids are getting punished more. you re right. and this has been happening
the average american is working nonstop just to provide for his or her family and they don t have time to go into the details and nitty gritty of the story. a lot of people are informed through headlines, which is why it s important to make sure you don t just regurgitate what trump is saying. here is something he said in an interview with chuck todd there on nbc. the subject of these camps, facilities where migrants, including children, are being housed in apparently very poor conditions. chuck todd challenged the president and said do something. here is the exchange. why aren t you doing something about it? they are in terrible shape down there, mr. president. down in homestead, florida, where i grew up. the conditions are terrible. i agree. do something. it s been that way for a long time. do something. president obama built the cages. that s how he diverts blame and blames democrats. news anchor telling the president, do something. yeah.