Rate Hike Will Happen Before End of the Year: Smith

The transcript discusses the Mansion House speech, focusing on potential interest rate rises and their implications for financial stability and the housing market. It highlights the role of central banks and the FPC's powers, as well as the political ramifications of rate changes. The conversation also touches on the balance between economic recovery and avoiding a housing boom.

What was the main topic discussed in relation to the Mansion House speech?

How does the speaker perceive the timing of a potential rate hike?

What role do central banks play in the current economic environment according to the speaker?

What concerns were raised regarding the housing market in the discussion?

What implications does the speaker suggest a rate rise could have on the economy?