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2543: The Weekend Podcast - Rishi Stop Pretending

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Manage episode 366926407 series 86977
Konten disediakan oleh Justin Waite. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh Justin Waite atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.
Prime Minister Rishi Sunak said he understands that people will feel 'anxiety' following interest rate hike, adding that he's '100% on it' and it's 'going to be okay'.
Bank of England Rate Rise Actual = 0.5% Forecast = 0.25% Current Interest Rate = 5%
The AIM ALL Share has closed at 767.07 down (-0.82%), below it's October low of 775.61
Even though the CPI (YoY) (May) came in unchanged at 8.7% when it was forecast to come in at 8.4% the PPI or Producer Price Index is telling a different story.
The Producer Price Index measures a change in input prices of raw, semi-finished or finished goods and services. It's a good indicator of future inflation. It dropped by -1.5%, predicted to come in at -0.5%.
This is the biggest drop since lockdown in May 2020.
Do the Bank of England know what they are doing?
Good Energy #GOOD
Trufin #TRU
Polarean Imaging #POLX
Invinity Energy Systems #IES
  continue reading

3392 episode

Artwork
iconBagikan
 
Manage episode 366926407 series 86977
Konten disediakan oleh Justin Waite. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh Justin Waite atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.
Prime Minister Rishi Sunak said he understands that people will feel 'anxiety' following interest rate hike, adding that he's '100% on it' and it's 'going to be okay'.
Bank of England Rate Rise Actual = 0.5% Forecast = 0.25% Current Interest Rate = 5%
The AIM ALL Share has closed at 767.07 down (-0.82%), below it's October low of 775.61
Even though the CPI (YoY) (May) came in unchanged at 8.7% when it was forecast to come in at 8.4% the PPI or Producer Price Index is telling a different story.
The Producer Price Index measures a change in input prices of raw, semi-finished or finished goods and services. It's a good indicator of future inflation. It dropped by -1.5%, predicted to come in at -0.5%.
This is the biggest drop since lockdown in May 2020.
Do the Bank of England know what they are doing?
Good Energy #GOOD
Trufin #TRU
Polarean Imaging #POLX
Invinity Energy Systems #IES
  continue reading

3392 episode

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