Bank of England keeps rates on hold - a podcast by BBC World Service

Confounding market expectations the Bank of England kept interest rates on hold at 0.1%. With inflation rising around the world, we ask Sarah Hewin, chief economist for Europe and the Americas at Standard Chartered bank what actually might persuade policymakers to increase rates. And we examine the implications of rising inflation with Claudia Sahm, former economic advisor to the Federal Reserve and White House, and Steve Hanke of Johns Hopkins University. Also in the programme, the BBC’s Russell Padmore reports on whether the state-owned Nigeria National Petroleum Corporation could be privatised any time soon. Plus, we hear from Svein Tore Holsether, chief executive of the world’s biggest producer of fertiliser, Norway’s Yara, about the company’s ambition to make fertiliser without any fossil fuels at all.

Further episodes of World Business Report

Further podcasts by BBC World Service

Website of BBC World Service