Will Global Weather Patterns keep Inflation Pressures High?
Will Global Weather Patterns keep Inflation Pressures High?
Richard Matthews sits down with Blake Morrow to give his thoughts on how the recent heat and changing global weather pattens may have a dramatic affect on commodity prices in the months ahead. It may leave conditions difficult for central banks (globally) to cut rates in the event of an emergency, and inflation may very well stay anchored higher for longer.
Richard also talks about the Pound Sterling’s drop following the weak CPI data and how the Bank of England may navigate in the months ahead with pressures mounting politically for the central bank.
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