The Inflationary Consequences Of Real Shocks − Speech By Ben Broadbent, Bank Of England, Deputy Governor, Monetary Policy, Given At Imperial College, London

These are difficult times for the UK economy. Ben Broadbent talks about how the pandemic and Russia’s invasion of Ukraine have increased import costs and unavoidably depressed the UK’s real income. He explains what this means for inflation and interest rates.

The inflationary consequences of real shocksOpens in a new window

AnnexOpens in a new window