BOE Preview: Inflation Surprise Eases Rate Hike Pressure

The video discusses the Bank of England's decision-making process, highlighting internal disagreements and the potential outcomes of an upcoming decision on interest rates. It examines UK inflation data, noting that food price inflation is lower than reported due to supermarket pricing strategies. The speaker shares a personal opinion, suggesting a preference for no rate hike, but anticipates the bank may decide otherwise.

How does food price inflation in the UK compare to reported inflation?

What does the speaker predict about the Bank of England's decision tomorrow?