BBCNEWS World Business Report June 4, 2024 05:36:00
Because the impact of inflation, especially on consumers who are most impacted our often those who cannot afford to be impacted. that is vastly greater than the impact on growth. a consumer who needs to buy milk or groceries is going to feel the pinch of the cost of living crisis much sooner and more painfully and for that reason the bank of england is laser focused for that reason the bank of england is laserfocused on making sure that inflation comes down slowly but surely. and just briefly, something that i really notice today, south korea's samsung saying it noticed a huge drop in demand f...