In this week’s episode, Mike & Rory talk about inflation in the UK and discuss their thoughts on why it is still over 10%. The pair also share their thoughts on why it could be about to fall much lower but also give reasons why it may remain higher for longer.
Mike and Rory look under the hood of the UK economy of what really is the driving force of inflation and talk about how wage growth isn’t always a good thing when inflation is running hot. They also discuss what factors are driving inflation and some of the indicators that they look out for to best gauge inflation expectation.
Mike and Rory also talk some politics and mention how both sides of the UK government aren’t doing much to help inflation but do mention how extra spending could see inflation remain higher and if the government roll back spending that inflation could reside lower. The pair also briefly share how they like to invest during times of higher inflation.