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MAJOR WARNING ⚠️ Bank of Canada held interest rate at 2.25% Persistent weak economic growth & pressure on inflation due to high energy prices has handcuffed the BOC If the war is not settled soon rates are going up. Even if our economy is WEAK Things are about to... show more

Marc Nixon

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Bank of England governor Andrew Bailey tells Ed Conway that he will 'have to act' if the UK is going to face continued higher energy prices which generates a greater risk that will 'pass through into domestic inflation'. The Bank of England has held UK interest rates at 3.75 per cent as inflation fears mount. 🔗

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Suozzi: Prices are up. Why? Because of the tariffs. Prices are going up in health insurance because of the cancellation of the premium tax credits. Prices are going up in energy because there’s new demand for energy at the same time they cut supply. Prices are going up because the debt is so big, because of the big “beautiful” bill that puts upward pressure on interest rates. Even if you get a quarter-percent decrease here, a quarter-percent there, it’s still the highest it’s been in modern times.

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Laura Trott, "Great news.. Inflation coming down, food prices coming down" Ed Balls, "I think you misspoke.. When you said prices are coming down, did you mean prices are going up?" Laura Trott, "Sorry, the rate at which prices are rising are coming down" Susanna Reid, "Food prices are still going up" Ed Balls, "Just explain this to our viewers. You say inflation is coming down, and people say to to us, the price of goods are going up. So just explain to our viewers how those two things can be true" Laura Trott, "Real wages are rising.. More money in your pay check at the end of the month" Ed Balls, "Prices are going up" Laura Trott, "Prices are going up.. The target rate of inflation is 2%" Ed Balls, "So inflation is coming down and prices are going up"

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