As inflation fears around the globe persist, the Bank of England’s new chief economist has warned that U.K. inflation is likely to hit or surpass 5% by early next year.
Also today: We also discuss how the upcoming holiday shopping season has both retailers and consumers worried about different things. An apprenticeship program helps train nurses into better paying positions as nurses in California’s prison system.
Also today: Susan Schmidt discusses what outlooks from the regional banks could tell us about the economy. We check in with the BBC’s Victoria Craig about airports raising passenger charges in an effort to bolster recovery from the pandemic.
The bank has agreed to a $475 million settlement with U.K., Swiss and U.S. regulators over a corruption scandal involving Mozambique’s tuna fishing industry.
