UK inflation at 4%

Considering that we are now in a recession and our inflation is much lower than it was previously do you think the Bank of england might lower interest rates in hopes of boosting economics growth?

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feel like this could be a slide in our macroecons class :stuck_out_tongue:

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The state of the UK economy right now is shambolic

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It for sure is but there is a bit of hope that we are heading in the right direction as our inflation is decreasing so the higher interest rate policy has been having the desired effects!

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Even though I’m an international student and don’t know much about UK’s politics. But even i know that the economy of this country is far from ideal🫠