we have kevin the bbc s cost of living corresponding, andrew, peter. are the right to raise rates? 1 peter. are the right to raise rates? ~ , peter. are the right to raise rates? ~ , ., ., . rates? i think they don t have much of a choice rates? i think they don t have much of a choice at rates? i think they don t have much of a choice at this rates? i think they don t have much of a choice at this point. rates? i think they don t have much of a choice at this point. there - rates? i think they don t have much of a choice at this point. there is i of a choice at this point. there is a danger they are going to overshoot and keep correcting for past inflation beyond the point at which it is useful, but i think they re busily doing this at this point to restore some of the credibility they ve lost with actions in late 2021-22. ., , they ve lost with actions in late 2021-22. a, y 2021-22. how did they lose credibility? 2021-22. how did they lose credibility? you 2021-22. how
doing over the years, what we should be doing is over the years, what we should be doing is looking at the reality, the reality doing is looking at the reality, the reality is doing is looking at the reality, the reality is we ve had piles of interest reality is we ve had piles of interest rate rises, 4.4% already, probably interest rate rises, 4.4% already, probably 4.9% by the end of today and none probably 4.9% by the end of today and none of those who worked on none of them and none of those who worked on none of them are and none of those who worked on none of them are going to work, they are creating of them are going to work, they are creating inflation. let s. gentlemen, thank you both very much. sam and richard. very interesting. and kevin, bbc cost of living corresponding, i ll be right with you. jack, peterand corresponding, i ll be right with you. jack, peter and andrew. jack, what do you think? i’ire you. jack, peter and andrew. jack, what do you think? y
me take it to another collar, a point well made. andrew bailey, you are free to callers. peter in london, your view.- are free to callers. peter in london, your view. are free to callers. peter in london, our view. ., london, your view. good morning, i was a pleasure london, your view. good morning, i was a pleasure to london, your view. good morning, i was a pleasure to hear london, your view. good morning, i was a pleasure to hear your- london, your view. good morning, i was a pleasure to hear your voice. l was a pleasure to hear your voice. the economy is not running hot, this is a lie being perpetrated by whoever. allowing the bank of england to raise interest rates is letting the government carry out a proxy war on the middle classes. it is just another form of austerity. making the people pay for the main mistakes of this and other governments and the disasters liz truss budget, brexit creating a labour shortage, contribute into inflation, i ve been listening the last few d
incredibly rare side effects of inflammation of the heart or severe anaphylaxis, these are so rare that we actually anaphylaxis, these are so rare that we actually can t even quantify them yet, we actually can t even quantify them yet. so we actually can t even quantify them yet, so what we are doing as with all the yet, so what we are doing as with all the roll out of the new vaccines and the all the roll out of the new vaccines and the new all the roll out of the new vaccines and the new medicines, we have to report and the new medicines, we have to report any and the new medicines, we have to report any side effects. it is difficult report any side effects. it is difficult to know what is ahead with the future, difficult to know what is ahead with the future, and i don t know whether there the future, and i don t know whether there are the future, and i don t know whether there are concerns because of previous there are concerns because of previous stories of vac