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Transcripts for BBCNEWS Verified Live 20240604 16:14:00

What does this potentially need for interest rates because we have seen rises through the year could there be another one around the corner? t be another one around the corner? i think because the current level of inflation and be still higher level of inflation with the core inflation staying high there will be a lot of pressure on the bank of england to continue increasing interest rates. that is also because we have seen wage data, through which shows wage growth has been quite strong this year. when wages are growing that also puts pressure on businesses to increase their prices to be able to afford those higher wages for their employees. i think these pressures on the bank of england will definitely continue. the on the bank of england will definitel continue. ., definitely continue. the government wants to have definitely continue. the government wants to have the definitely continue. the government wants to have the rate definitely continue. the government wants to have th

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Transcripts for BBCNEWS Verified Live 20240604 16:15:00

Might be on course? what today s news shows is that it is still very l news shows is that it is still very much uncertain. we think that when it comes to gas and electricity prices as well as food prices if we think trends for those components continue as they have so far this year, that will get rishi sunak most of the way there when it comes to his pledge of having inflation. whether he actually reaches that level will depend on what happens to core inflation. as a mention, that will be driven by both what happens to wages whether wage increases feed into higher prices and also to what extent producer prices which we see now increasing on a much slower rate or even falling to what extent those are then fed through to consumers as well. ., ~ are then fed through to consumers as well. ., ,, , ., are then fed through to consumers as well. . ~ , ., , are then fed through to consumers as well. ., ,, , ., , . ., well. heidi, thank you very much for brinuain well. heidi, thank you very muc

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