Interest Rate Cuts Are Here - But Are They Enough?

Video quality	The size	Download

Information Interest Rate Cuts Are Here - But Are They Enough?

Title	:	Interest Rate Cuts Are Here - But Are They Enough?
Lasting	:	31.43
Date of publication	:
Views	:	2,4 rb

These videos aren't getting the viewing numbers they deserve
Comment from : @gavinandrews9026

The top people at the Bank of England are detached from reality to focused on dodgy data
Comment from : @nickbuckle646

The UK economic problems go back decades with inequality, poor investment, poor productivity etc and is about issues in the real economy The rest is short term fiscal tinkering As our governments fail to address the long term structural issues the less and less room there is to manoeuvre It ends up a game of politicians and journalists filling in time talking about what might or might not be tweaked and the public having the wool pulled over their eyes at best or societal instability at worst
Comment from : @mattwright2964

As has been said, but it needs to be repeated especially given the hosts didn’t acknowledge it - the surge in immigration does not mean there is some coiled spring of supply just waiting to be unleashed Most of these people are net negatives on GDP and many of them are dependents who don’t work
Comment from : @billybaab73

Yes immigration has exploded but anastomishing 85 of immigrants were dependents last year Prof David Miles (OBR/Imperial) made itclear Breakeven salary for immigrant £48k Shape of our immigration clearly nothing like that We are all getting poorer No surprise so many are leaving - this isn't a new trend There's only so much people can put up with
Comment from : @advocate1563

Bring on the crash!
Comment from : @andymeh499

Can we all spare a thought for the suitor who had the unenviable task of dealing with Preston’s speech impediments
Comment from : @hughesy606

for goodness sakes! It is NOT the Bank of England's job to rescue GDP growth OR Rachel Reeves' career Its only economic job is to control inflation- and ONLY that If Bailey doesn't know what his job is, he shouldn't be in it
Comment from : @thedirediyer5245

The BOE should be told to reduce rates quicker They are independent as long as the government allows them to be At the moment the BOE appear to be working against the country keeping rates at such a high level, much higher than other European countries which seems to be slowing down or damaging growth The rate should be at 4 or less now and 350 as soon as possible
Comment from : @malcolmc5964

Record UK house prices lol
Comment from : @deldia

One thing I do not understand is why we use CPI as the measure of inflation instead of RPI, when housing costs have a significant effect on people's finances Housing costs should be involved in their decision making
Comment from : @ecnalms851

Stagflation anyone ?
Comment from : @SarahWalker-Smith

Disinflationary pressure!!!!! What planet are you on Prices are rocketing more than 2 years ago bar petrol
Comment from : @martynfenton3814

Why would they cut faster for growth reasons when their mandate is exclusively inflation ?
Comment from : @simonbond6941

Trump's actions are attempts to address his 2 key problems - large and growing trade and fiscal deficits brbrThe trade deficit is a growing problem as it is de-industrializing the American military industrial complex, undermining national security Without manufacturing, steel, aluminum and critical minerals, the US cannot easily ramp up its war machine in times of global conflict against China/Russia Tariffs are Trump's stick to get investment in new manufacturing plant and equipment Over the last 40 years, American manufacturers have chosen to invest in Mexico, Canada, and most recently China You have to look at what Trump says - he wants investment in domestic manufacturing but he is not prepared to implement policies that will make such investment attractive He thinks tariffs will force repatriation of manufacturing investment brbrThe fiscal deficit is an even greater and shorter term political problem Trump has promised his MAGA base and his corporate oligarchs significant tax cuts With a national debt of $36 trillion and a debt service cost of $1 trillion and growing (eating up 20 of government revenues), further tax cuts would see debt service costs approach the critical 25 His alternative is to raise government revenues to fund his promises How does he raise government revenues? He can't raise income taxes and break his promise He can cut spending on the 15 of the budget that is discretionary, but not on the 85 of mandatory expenditures (Social /Services, Medicare, Medicaid, Debt Service, Defence, etc) because that would cause political crises However, he can raise revenue by imposing a massive sales tax on consumers, otherwise known as tariffs on imports, and claim that foreigners will pay the tariffs just like the Mexicans paid for the southern border Wall brbrDrugs have always been a problem in the US and always will be - the War on Drugs was a total failure and corporate America (Purdue) ramped up the opioid crisis The US has bigger problems than fentanyl imports which could be addressed by effective border controls by the US Fentanyl is a distraction and a justification for declaring a national emergency, giving Trump the ability to bypass Congress to implement spending cuts and tariffs without Congressional oversight of the executive powers Without oversight, the result will be autocracy
Comment from : @georgewoods5543

The BoE are powerless against the incompetence of this government Our economy is doomed whilst in the hands of these student politicians
Comment from : @daveblackbrow7841

The BoE’s remit is to control inflation to around 2 using interest rates as the major tool, it’s not there to repair the fiscal damage caused by Rachel Reeves
Comment from : @georgethompson453

Do as the Canadians are suggesting Boycott US companies and products,
Comment from : @charliebrowns9999

There is no current alternative to the $
Comment from : @cianog

It's almost as if unfettered migration of low skilled, inactive workers is bad for productivity Who would have thought
Comment from : @joeandrew8702

Do these presenters ever listen back to their episodes ? - cannot believe they do not understand that the current Gov is only in place due to a huge protest vote against the 14 years of Tory mismanagement To continue broadcasting and pushing the view that this country actually wants or needs Marxist policies enacted by politicians and lawyers who don’t understand real life beggars belief They talk about the new American government with disdain rather than investigating the policies and realising that most UK voters are looking on with envy
Comment from : @MFLabFurniture