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Not 0.75. so what they're going to have to do is what i call shock and awe. they should be jacking up 50 basis points every single month. okay? they think they're going to get -- >> sandra: wishful thinking. >> that's right. they think they will get to 2.75% but so what? it will be ten. >> either way it's going to be a lot of a lot of pain. >> import prices -- >> it and imagine the pain. speak of the longer they wait the worst it's going to be in the longer it's going to be and this idea of a soft landing, really? show me in history where there is a soft landing. i hate to be personal but i'm ...

Fundamentally by petrol prices, you don't need me to remind you how much more fuel is costing in march and wages are not keeping pace. on average we are paid around 4% more, just 2.1% more if you work in the public sector. that that actuates the economic fallout, we have less to spend and the economy is less stimulated. what are the solutions, let's talk to carl, an economist. what can be done from here? historically, inflation, the task of getting that under control lies with the bank of england. they have started acting already, they have raised their interest rate three times in a row to st...

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$0.75, which is significant, of course. there is widespread consensus the sharp run-up of energy prices since january was caused by the building of putin's troops at the ukraine border. reality is russia is the world's third largest oil producer and energy disruptions and market volatility are a result of his build-up. and in early february, j.p. morgan analysts predicted disruptions of oil flows from russia could push to 120 per barrel, what has happened. our approach is two-fold. one, ensure the supply meets the demand on the marketplace. a couple of ways do that, obviously we are engaging w...

National average has risen 1.85, so more than just the #putin price hike. let's bring in mark, we were chatting during the briefing there, you thought as little as senator rubio put it, disingenuity. >> president biden had to kick and scream to do the oil ban, and a nano second for him to blame putin. he says the cost of oil has risen $0.75 since putin's invasion of ukraine. risen 1.85 since he took office. so, let's give him for the sake of argument credit and say ok, that entire $0.75 is due to vladimir putin, i don't agree with that, but who is responsible for the other dollar. it's the war...