Panmure Gordon's French Says BOE Will Raise Rates

The transcript discusses the implications of past and potential future interest rate hikes by central banks, focusing on the European Central Bank's 2011 policy mistake and the current considerations of the Bank of England. It highlights the importance of credibility in monetary policy decisions, the current economic conditions, and market expectations. The discussion also touches on inflation rates and the discrepancies in economic data that influence these decisions.

What credibility issue is mentioned in relation to the ECB's actions in 2011?

What are the current expectations regarding interest rates in the UK according to the text?

What does the speaker suggest about the credibility of the Bank of England's previous rate hike guidance?

What concerns are raised about unsecured debt in the UK economy?

How does the speaker view the relationship between inflation and interest rate decisions?