
Banca d’Inghilterra prevede di tagliare i tassi di interesse in mezzo all’aumento della disoccupazione e alle tariffe di Trump
https://www.theguardian.com/business/2025/aug/03/bank-of-england-interest-rates-cut-forecast-rising-unemployment-and-trump-tariffs
di StresWeeting
10 commenti
The puzzling question here is… Why is inflation still so high in the UK?
Inflation is so high because the big retailers are recouping their losses incurred during Covid and because they can get away with it. They’re fundamentally unscrupulous.
Great, let’s make it even less attractive to lend us money, good one BoE.
The article makes it sound like the Bank of England’s only job is to play with interest rates and hope the rest sorts itself out.. But if unemployment is climbing and growth is stagnating, the answer isn’t just “tweak rates and wait”.. That’s not going to fix structural issues or a demand shortfall..
The UK government can always fund spending in pounds.. If private demand is weak and people are losing jobs, the state should be stepping in directly through targeted public investment, job creation and stronger automatic stabilisers.. Sitting on the sidelines and obsessing over inflation that’s already easing is basically choosing not to act when people need help..
Also, tariffs from the US are being treated like some external storm we just have to ride out but we’ve got policy tools to protect jobs and incomes.. Not everything has to go through central banks and interest rates.. There are better, more direct levers especially when it comes to employment and public services..
Bottom line: If unemployment is rising and the economy’s flatlining, waiting for interest rates to maybe nudge things along is a political choice not an economic necessity..
National minimum wage increases and employer increase
While current inflation and other stat is well within forecast of BoE earlier, and BoE also expects inflation to go down in latter half of year, should we wait for q3 and q4 results to ensure inflation did go down before cutting rates? Or BoE has seen the preliminary picture and is quite sure inflation will go as they forecast already?
Scary thing is the economic plans put forward by the fascist Farageists, if they win the next election, would rocket gilt yields and prob lead to economic collapse. Fun times ahead
They should actually be holding. But this is the same bunch that inflated house prices with 0 interest rates. It catches up
Every time I see these announcements I cry a little since I fixed my mortgage for 5 years last year
Considering our modern society revolves around the idea of people being in debt to companies, raising interest rates will just make lots of people poorer, no?
I get it’s suppose to help encourage savings, but not many people have savings like they use to.
So many have mortgages, car loans/finance, pay monthly for insurances etc because they cannot get the cash together to pay all in one go. All those finance agreements will be tied to the base rate.
Meanwhile my savings accounts have an interest rate of 1.05% which will become even lower?