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'India's macro challenge for the decade ahead is to achieve sustained high, stable and inclusive growth'

The macro challenge in the decade ahead will be to achieve sustained high, stable and inclusive growth, which has. ....

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BBCNEWS Verified Live June 4, 2024 15:17:00

Of england s rate increase. the cost of borrowing it now stands at 5.25%. let s talk to jumana saleheen, chief economist and head of investment strategy at vanguard. thanks so much forjoining us. let me ask you first of all, what is happening here with the bank? what is it that the bank is trying to achieve? many people are worried it s gone too far. achieve? many people are worried it s gone too far. thanks for having me. yes, it s gone too far. thanks for having me- yes. the it s gone too far. thanks for having me. yes, the bank it s gone too far. thanks for having me. yes, the bank of it s gone too far. thanks for having me. yes, the bank of england - it s gone too far. thanks for having i me. yes, the bank of england raised rates today and the reason why it has done that is because inflation in the uk is still very high. so headline inflation is close to 8% and core inflation, if you strip out the volatile elements of food and energy, isjust under 7%. the bank s target is 2% ....

Jumana Saleheen , Rate Increase , Investment Strategy , 5 25 , Central Bank , Bank Of England , The Uk , Headline Inflation , Core Inflation ,