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BBCNEWS World July 4, 2024

Not in line. What the bank is doing is looking back at inflation, but forward at what this Rate Decision may influence in terms of behaviour. I think, from last Bank Of England became, where they moved a 50 basis points, that was taken as a really big jump in rates. Since that decision, we have seen some improvement in inflation numbers. There were still some calming for a 50 basis point change, but i think that this was more of the consensus. As you say, the balance between trying to get inflation under control, because lets not forget, that also makes people poorer in the long run, and also, making sure that there is not too much damage done to there is not too much damage done to the economy is a Balancing Act that they have to play. And, if you watch some of the comments Andrew Bailey made after the meeting, there were some pretty negative outlook in terms of gdp and the general gross scenario for the uk. Scenario for the uk. And, a fine line in terms scenario for the uk. And, a fi

BBCNEWS World Business Report June 4, 2024 13:32:00

scenario for the uk. scenario for the uk. and, a fine line in terms scenario for the uk. and, a fine line in terms of scenario for the uk. and, a fine line in terms of what scenario for the uk. and, a fine line in terms of what happens l scenario for the uk. and, a fine | line in terms of what happens to keep inflation in check without damaging economic growth. i ll be at peak rates? the damaging economic growth. i ll be at eak rates? . ~ damaging economic growth. i ll be at eak rates? ., ~ ., , ~ peak rates? the market doesn t think so. there peak rates? the market doesn t think s0- there is peak rates? the market doesn t think so. there is still peak rates? the market doesn t think so. there is still an peak rates? the market doesn t think so. there is still an expectation - so. there is still an expectation built into the market that rates in the uk could get to between 5.75 and 6%. so, certainly off of some of the highs we saw earlier this year, but, still, this is no

BBCNEWS The Context June 4, 2024 19:51:00

to the moon, in part because they could not control the 30 engines that they had at the base of the m1. so it is really hard to court nate those engines. they have to be lit up those engines. they have to be lit up in stages co ordinate those engines. you have to watch out for crazy residences. the big concern, the worry is that if one engine let s go, you get a cascade. do they all let go? and you lose your ship. these are the things that would keep elon musk awake at night, although we do not think he sleeps very much at the moment with all the companies he is trying to run. i at the moment with all the companies he is trying to run. he is trying to run. i don t think so. he he is trying to run. i don t think s0- he has he is trying to run. i don t think so. he has got he is trying to run. i don t think so. he has got a he is trying to run. i don t think so. he has got a lot he is trying to run. i don t think so. he has got a lot on - he is trying to run. i don t think so

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