State of play 24 June 2022.

Last week the Bank of England increased interest rates for the fifth consecutive time warning that they expected inflation to peek at 11% this autumn.  Following yesterday’s latest inflation data from the Office of National Statistics (ONS) confirming rising prices hitting a new 40-year high at 9.1%, are the rate rises enough to cool the economy without triggering a recession? 

Santander Asset Management  UK’s Senior Investment Specialist, Simon Durling, shares his thoughts in this week’s State of Play.

SAM UK – State of Play -  24 June 2022