Thursday 18th March 2021
The Bank of England meets today and will change very little. Certainly don’t expect a rate hike anytime soon. In the US the Federal Reserve indicated that rates wouldn’t rise until late 2023 at the earliest. Kallum Pickering from Berengers Bank says it might happen a little sooner than that, but its not necessarily a bad thing. But what would it mean for your mortgage?
Also today, how Dominic Cummings negotiated his way into No. 10. Is the upping of our nuclear capability a result of his early demands on the Prime Minister?
Plus, yesterday Uber adopting the requirements to pay the minimum wage to drivers, who will now be treated as workers, rather than independent suppliers. But, are they really meeting the minimum wage requirement? And is the original business model now defunct in this country?
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Huawei On Hold, Lowe Goes Lower and Pound Fails to Fly on May’s DoDo Deal
Aussie dollar falls on rate cut clue, pound dismayed by false hope of second referendum and equities boosted by Huawei trade restrictions put on hold. I talk through it all with NAB’s Ray Attril on today’s Morning Call podcast.
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Ask Steve: Keynesian v Post Keynesian; Austrian v Chicago Schools
The Austrian School v the Chicago School v Keynesian economics v Post-Keynesianism. The differences explained on today’s Debunking Economics podcast with @profstevekeen
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The rise of the Vodaphobe
It seems there might be an underclass of mobile phone user, those connected to the Vodafone network. But could the issues soon spread to other network providers?
