The Bank of England is expected to raise interest rates as inflation remains high. We'll hear from shopkeepers who say rising prices are fuelling shoplifting.
Also on the programme: a French state-of-the-art robot is set to join the operation to find the Titan submersible; and the actor David Harewood tells us about the challenges facing his parents and ot ... Show More
Jul 2022
How Expecting Inflation Can Actually Create More Inflation
To fight historic levels of inflation, the Federal Reserve this week, once again, raised interest rates, its most powerful weapon against rising prices.The move was intended to slow demand, but there was also a psychological factor: If consumers become convinced that inflation is ... Show More
28m 41s
Dec 2021
Should we be worried about the return of inflation?
As prices rise across the world, Tanya Beckett asks if this is a temporary blip owing to the pandemic, or a longer lasting return of inflation. Should we be worried and should policy makers be more willing to raise interest rates to deal with it? Contributors: Roger Bootle, Chair ... Show More
24m 5s