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Prices and energy prices. according to the left, this is all vladimir putin's fault because he invaded ukraine. 19 days ago. this week our very own peter doocy as to circle back jen psaki -- if the administration was planning to blame putin for everything that goes on in the u.s. until the midterms. take a look. >> inflation goes up today, the president's statement blames the putin price hike. are you guys going to start blaming putin for everything? until the midterms? >> we have seen the price of gas go up at least $0.75 since president putin lined up troops on the border of ukraine. >> and ...

This is the #putin price hike in action, and the president will use all of his tools in disposal to shield the pain at the pump. >> seems to be the new way they are explaining it away. i'll give her the $0.75. i'll even give putin $0.84. that's how much prices are up in the last month. but, compared to a year ago, what about the other $0.66 that was a result of the biden administration and its policies. what you have here is basically an administration that either has a clear -- does not understand the energy industry or does not look at the facts. 7.9% c.p.i. number, this is so long, you cann...

Tweet. she said for months putin has been saber rattling in for months gas prices has been going up, up $0.75 since he began his military buildup. this is the #putinpricehike in action. at the white house, our own peter doocy pressing jen psaki on it. >> why did you guys decide to rebrand the rising gas prices as the #pollutantpricehike >> if you want to use that on fox i welcome that. six months ago i don't think anybody would be predicting exactly where we are as it relates to russia and ukraine. >> gas prices were soaring well before the war in ukraine as the administration refused to incre...

Of prices, inflation was already heading to over 7% next month. we think that's going to be higher but even more importantly they feel that because of the impact we have seen on energy prices that at the end of this year it could be even higher, perhaps even 10% if we get another round of rises of energy prices that could come in the autumn. important to state though, to put this in context, 0.75% the highest since the pandemic but still really quite low in historical terms. pandemic but still really quite low in historicalterms._ in historical terms. faisal islam, thank you- _ thank you. the ...

Let's get an expert view on what could happen at lunchtime today when the bank announces its decision. nina skero from the centre for economics and business research joins us from central london. what is the consensus, how could interest rates —— how much good interest rates —— how much good interest rates —— how much good interest rates go up by? we interest rates -- how much good interest rates go up by?- interest rates go up by? we are exectin: interest rates go up by? we are expecting to — interest rates go up by? we are expecting to hear— interest rates go up by? we are ex...