Bank of England keeps rates on hold
Confounding market expectations the Bank of England kept interest rates on hold at 0.1%.
Confounding market expectations the Bank of England kept interest rates on hold at 0.1%. With inflation rising around the world, we ask Sarah Hewin, chief economist for Europe and the Americas at Standard Chartered bank what actually might persuade policymakers to increase rates. And we examine the implications of rising inflation with Claudia Sahm, former economic advisor to the Federal Reserve and White House, and Steve Hanke of Johns Hopkins University. Also in the programme, the 大象传媒鈥檚 Russell Padmore reports on whether the state-owned Nigeria National Petroleum Corporation could be privatised any time soon. Plus, we hear from Svein Tore Holsether, chief executive of the world鈥檚 biggest producer of fertiliser, Norway鈥檚 Yara, about the company鈥檚 ambition to make fertiliser without any fossil fuels at all.
Today鈥檚 edition is presented by Rob Young, and produced by Philippa Goodrich, Gareth Barlow and Faarea Masud.
(Picture: The Bank of England. Picture credit: Getty Images.)
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- Thu 4 Nov 2021 15:32GMT大象传媒 World Service