Are Bank of England, U.K. Government at Odds Over Economic Strategy?
P.M. Edition for Sept. 26. The British pound is under pressure and markets are in turmoil after the U.K. government announced plans last week to boost the economy by cutting taxes and increasing spending. Today, the Bank of England said it stands ready to continue raising interest rates. U.K. correspondent Max Colchester joins host Annmarie Fertoli to discuss whether those two plans are at odds and what the consequences could be.
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