Inflation Plateau and Economic Uncertainty: Insights from Megan Greene
Alice and Lewis discuss Megan Greene's concerns about persistent inflation and a weak UK economy amid global uncertainty.
In this episode, Alice and Lewis dive into the concerns raised by Bank of England MPC member Megan Greene regarding persistent inflation and a struggling UK economy. Greene predicts inflation will remain around 3.5% through 2025, describing it as a 'plateau' rather than a temporary spike. The pair explore the implications for the central bank, the impact of weak consumer spending, and how global events like US tariff deadlines, potential budgets, and tensions in the Middle East are complicating the economic landscape. With uncertainty looming, Alice and Lewis unpack what this means for the Bank of England's challenging decisions ahead.
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