Jackie Bowie on BBC Business Today: Rate uncertainty rises
Summary
Jackie Bowie joined BBC Business Today to discuss rising rate uncertainty as central banks weigh inflation risks against weak growth.
Source: BBC Business Today
BBC Business Today – 30 April 2026
Rate outlook widens as inflation risks complicate policy path
Central banks are holding rates for now, but the range of possible outcomes is widening.
As Jackie Bowie of Chatham Financial said on BBC Business Today, the Bank of England is outlining multiple scenarios rather than signaling a single path, with rates potentially staying near current levels or moving higher again.
Energy remains a key risk. Rising oil prices could feed through to broader costs, creating second-round inflation pressures.
Rate uncertainty is rising as central banks weigh persistent inflation risks against weak growth, Jackie Bowie said on BBC Business Today.
That leaves policymakers balancing a clear trade-off: contain inflation or encourage growth.
Watch the full segment here.
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