Economics Explored Live

UK Bank Rate up, Turkey in trouble, Aussie jobs rebound | Livestream 17/12/21

My livestream for Friday 17 December 2021 covered:

  • the Bank of England increasing Bank Rate following a ten-year high UK inflation figure;
  • Turkey increasing its minimum wage to help the population cope with an inflation rate of over 20%, even though the minimum wage increase could contribute to an inflationary spiral; and
  • Australia’s economy rebounding strongly as it reopened after lockdowns in Sydney and Melbourne, with the national unemployment rate falling to 4.6% in November.

Here’s the recording via YouTube:

And here’s a link to the slides:

Economics Explored Live slides for 17 December 2021

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