Former BoE Chief Economist On Why The Bank Should Cut Rates Now

Former BoE Chief Economist On Why The Bank Should Cut Rates Now

By Bloomberg

The former Chief Economist of the Bank of England, Andy Haldane, says the central bank is risking a deeper recession if it doesn't cut rates soon. He says the economy is heading for a year of  "at best of anemic growth" given the current outlook.

Haldane also tells us that he preferred the original version of Labour's £28 billion green investment plan, and that the government's fiscal rules should be changed to allow more spending on investment. Hosted by Lizzy Burden and Stephen Carroll. 

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