of that, and no demands in the settlement for fox to retract what they had said. so what sort of precedent does that set. we will discuss tonight with paul waugh chief political commentator of the i paper and also with us former spokesperson for the republican national committee doug heye. talking of record pay outs, how much higher will interest rates have to go, before we put a meaningful dent in the march inflation figures. and as we stumble from one crisis to another, can we be confident that congress will avoid a damaging default. there is rancour in republican circles, and no sign of compromise from the white house. but let us start tonight with the story that affects all of us. inflation stickier than an overpriced hot cross bun. it is resolutely high in spite of the fact our interest rates continue to climb. and we know what effect that has on the broader economy. it is putting pressure on wages, its fuelling the unrest, growth is aneamic, there is less and less
what s happening at the moment is the money growth has collapsed, in fact the last few months it has been going down which is very unusual and thatis going down which is very unusual and that is giving us a forward view that is giving us a forward view that inflation will come under control and i think the result will be by the andy of 2024, inflation back to 2%. i m afraid there would be a recession between now and then. i sense that you are optimistic that it can be curbed but when this began a few months ago we were talking about energy prices and now we are talking about food prices. we still have quite high inflation with the services. now you look at broad price broadband prices at 15%, it s right across the economy and others of been saying it is now eight in the sub do you think it is? the
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