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BBCNEWS BBC July 4, 2024

Action like this. Action like this. Yes, its very difficult for action like this. Yes, its very difficult for this action like this. Yes, its very difficult for this situation action like this. Yes, its very difficult for this situation is l action like this. Yes, its very i difficult for this situation is very special because the transmission of Monetary Policy is very slow. Mostly because they are fixed Interest Rate mortgages for example but also because people have a lot of excess savings from covid because they were transferred to people to go through the pandemic, also to calm down the energy crisis, so this time its different. I dont like this phrase but i would say this is why there is a dogmatic divide between those who say dont wait for a policy mistake, dont hide too much, because things can be strong and we can go into recession and others say inflation is far too ....

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BBCNEWS BBC News Now June 4, 2024 11:16:00

Recap for you, the bank of england has raised rates from 5% up to 5.25%. the last time rates were at 5.25%. the last time rates were at 5.25% was april 2008. to help us talk through some of what s going on, i have got a panel with me to answer some of your questions. susie laws is with me, a chartered financial planner and also a property expert and co founder of the digital platform bricks with tips. great to have you both. we also bejoined by what tips. great to have you both. we also be joined by what correspondent david who will talk us through some of the extra tips that you can use to save money in this time. right, so why don t we get started? we ve got lots of questions from our viewers. we ll begin with paul ....

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