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England decide what to do with Interest Rates. The current uk base rate 5. 25 . But after we found out that wages, on average, are rising at their fastest level now in 20 years, could we see another rise in september. Joining me now is kallum pickering, whos the Senior Economist at berenberg bank. With your predictions, what are you thinking you will see here today . I you thinking you will see here toda . ~ , today . I think we might be surprised today . I think we might be surprised a today . I think we might be surprised a little today . I think we might be surprised a little to today . I think we might be surprised a little to the surprised a little to the upside but it not should not make much of a difference, the Bank Of England expecting 6. 8, markets expecting 6. 7, if it came at 6. 9 i would not be surprised b ....
as $54 billion from the swiss central bank. is it enough to calm fears of a new financial crisis? plus: rates rethink. will market turmoil force the european bank to scale back a rise in the cost of borrowing later today? and the generation x factor. why the over 50s have the skills so many employers want, but aren t applying for thejobs. let s now get down to business. we start here in the uk, where households and businesses are weighing up whether they will be better or worse off following the chancellor of the exchequer s first budget. jeremy hunt wants to kick start a stagnating economy that s lagging behind its rivals across the developed world. the big focus getting more people into work and tackling the labour shortage that has left more than a million job vacancies unfilled. there will be more free childcare and changes to benefits and pensions. but there will be no tax cuts for individuals or businesses. companies still face a rise in corporation tax from 19% to 25 ....
Market facing notjust lower occupancy, but also, higher Interest Rates . One of the worlds richest Property Investors looks into his crystal ball. Does he think a recession in america could be just around the corner . Wherever yourejoining me from Around The World, once again, a big hello and a warm welcome to the show. You know, its been one of the biggest changes in working life since the industrial revolution. Just three short years ago, the pandemic cleared offices of workers and cities were emptied out. Companies found that workers could still get their work done from home. Now a new normal, it seems to be emerging big companies, especially those in the highly paid Financial Services sector, are asking workers to come back and are putting their attend ....
The only thing that stops the bond selloff is a stock crash. We weigh those options. Could it be oil . Crude falls below 50 day average. We have jobless claims coming out friday. From new york, and alix steel with my cohost in london, guy johnson. Welcome to Bloomberg Markets i appreciate the front in yield is coming down a little bit but we are sticky with the volatility weve seen. Guy absolutely maybe a little pause but we do not know where we go from here. We need to understand why we have seen what we see. Why yields higher . Is it because of inflation . They are all sellers that buy. And maybe there is more supply. That is the question, the deficit question, is it because of the fact that foreign buyers are not taking up as much . You can go on and on. I asked why yields go higher and nobody has a clear answer. So to figure out what brings this maybe we need to figure out what is taking them higher. Alix didnt you make a c ....
we really demonstrated that we could reform our country during the war and i think it is a huge success for us. the second increasing gdp during the war and we have morejobs, more people come back. that is great. we thank kristalina georgieva, that you will support us financially. it is important during this challenging people and it means that ukraine is strong and not alone. i m joined now by justin urquhart stewart, founder of the investment platform regionally. good morning. lovely to see you. this is a critical week for ukraine. we have president zelensky in washington, hoping to get vitalfunding zelensky in washington, hoping to get vital funding through congress but later this week the eu summit takes place, the last of the year where they will be discussing their aid for ukraine for zelensky and for ukraine for zelensky and for the economy this is very important. it for the economy this is very important- for the economy this is very important. it is vital beca ....