Inflation falls - but what might it mean for interest rates?
April 17, 2024
21 min
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424 of 1,000
April 17, 2024
Inflation falls - but what might it mean for interest rates?
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Sky News Episodes Around April 17, 2024
Episode 424 of 1,000 — walk the feed in the order it was published.
21:13This episodeInflation falls - but what might it mean for interest rates?
Summary
The price of everyday things - mainly food - is now rising at the lowest level since 2021. <br /><br />Official data shows inflation eased last month to 3.2% - down from 3.4% - but the fall was slightly less than economists expected. <br /><br />On the Daily, Niall Paterson looks at what's going on with inflation and what it might mean for interest rates with Sky's economics and data editor Ed Conway - who's in the US looking at the situation there. They also discuss how the UK could be importing inflation from America. <br /><br />Plus, Niall talks to Russ Mould, investment director at finance firm AJ Bell, about what's happening at the fashion retailer ASOS which says it's becoming "more agile" after an 18% drop in sales. <br /> <br />Producer: Rosie Gillott <br />Assistant Producer: Iona Brunker <br />Podcast Promotions Producer: David Chipakupaku <br />Editor: Paul Stanworth
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