Alex Andreou talks to top economist Vicky Pryce, to get to the bottom of what is behind market volatility and high gov't borrowing rates, how much of it is inherited, how much of it international, how much down to the gov't, what can be done to fix it, and why it isn't being done. Much of it not as you might expect. ***SPONSOR US AT KO-FI.COM/QUIETRIOTPOD*** “The US Federal Reserve and the Bank of England missed a trick. The confidence of central banks was impacted quite badly when they were seen to be too slow in moving rates up, so now they’re being a little bit too cautious about moving rates down.” “There is a serious issue. Right now in most countries there’s fiscal retrenchment [gov’t measures to reduce debt]. With tight monetary policy too, you’re almost stuck with low growth.” USEFUL READING Vicky Pryce's blog on inflation is here. The FT's round-up of analyst views is here. Find us on Facebook and Twitter as @quietriotpod and on Bluesky. Click here for your Quiet Riot Bluesky Starter Pack. Email us at quietriotpod@gmail.com. Or visit our website www.quietriotpod.com. ***SPONSOR US AT KO-FI.COM/QUIETRIOTPOD*** With Naomi Smith, Alex Andreou and Kenny Campbell – in cahoots with Sandstone Global. Learn more about your ad choices. Visit podcastchoices.com/adchoices
