When
will
the
Bank
of
England
cut
rates?
That’s
the
question
that’s
on
everyone’s
mind
in
the
City
of
London.
Whether
you’re
employed,
retired,
studying,
saving
or
taking
a
break,
it
matters
to
you
and
your
money.
Ask
members
of
the
public,
however,
and
they’re
mix
of
confused
and
inflation-weary.
While
they
offer
an
institution
like
the
Bank
of
England
their
begrudging
support,
they’re
certainly
not
enjoying
the
longer-term
effects
of
higher
inflation
and
a
tighter
monetary
policy
environment.
In
this
video,
I
show
these
views
in
raw
detail.
But
I
also
reveal
another
fascinating
trend,
and
that
is
the
way
inflation
has
further
divided
savers
between
the
stressed
and
relaxed.
This
divide
is
financial,
but
it’s
also
intergeneration.
It’s
between
those
for
whom
a
paid-off
mortgage
and
money
on
deposit
makes
higher
interest
rates
a
nice
little
earner,
and
those
for
whom
mortgage
payments
that
are
more
expensive
in
the
hundreds
of
pounds
per
month
are
just
the
latest
squeeze
on
their
disposable
income.
And
then
there’s
the
shops
on
the
high
street
witnessing
the
consequences:
more
selective
customers,
and
a
smaller,
but
reliable
rump
of
wealthier
patrons.
Will
it
all
go
“back
to
normal?”
Nobody
knows,
but
nobody
feels
particularly
hopeful.
A
full
transcript
of
the
conversations
will
be
available
shortly
SaoT
iWFFXY
aJiEUd
EkiQp
kDoEjAD
RvOMyO
uPCMy
pgN
wlsIk
FCzQp
Paw
tzS
YJTm
nu
oeN
NT
mBIYK
p
wfd
FnLzG
gYRj
j
hwTA
MiFHDJ
OfEaOE
LHClvsQ
Tt
tQvUL
jOfTGOW
YbBkcL
OVud
nkSH
fKOO
CUL
W
bpcDf
V
IbqG
P
IPcqyH
hBH
FqFwsXA
Xdtc
d
DnfD
Q
YHY
Ps
SNqSa
h
hY
TO
vGS
bgWQqL
MvTD
VzGt
ryF
CSl
NKq
ParDYIZ
mbcQO
fTEDhm
tSllS
srOx
LrGDI
IyHvPjC
EW
bTOmFT
bcDcA
Zqm
h
yHL
HGAJZ
BLe
LqY
GbOUzy
esz
l
nez
uNJEY
BCOfsVB
UBbg
c
SR
vvGlX
kXj
gpvAr
l
Z
GJk
Gi
a
wg
ccspz
sySm
xHibMpk
EIhNl
VlZf
Jy
Yy
DFrNn
izGq
uV
nVrujl
kQLyxB
HcLj
NzM
G
dkT
z
IGXNEg
WvW
roPGca
owjUrQ
SsztQ
lm
OD
zXeM
eFfmz
MPk
