‘Bank of England may have to turn to unemployment to push inflation down’

The Bank of England has no choice now but to raise interest rates until it leads to higher unemployment in order to keep a lid on inflation, says Hans Geberbauer, CEO of Foundation Home Loans. IGTV’s Angeline Ong speaks to Geberbauer about the impact on the UK housing market and the wider economy.Any opinion, news, research, analysis, or other information does not constitute investment or trading advice.  Follow us on Twitter (https://eur01.safelinks.protection.outlook.com/?url=https%3A%2F%2Ftwitter.com%2FIGcom&data=05%7C01%7CLeanne.Kunz%40ig.com%7C5ecbfbe160b643dd6d8908db6345d32c%7C4b4cca9cedaf42f38e219070c5d9d76b%7C0%7C0%7C638212923760946338%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=RKhhjp%2BmVXoacDlmqWfPYu8sY0S6I9WyGTB1%2FRpiVa4%3D&reserved=0), Instagram (https://eur01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.instagram.com%2Figcom_official%2F&data=05%7C01%7CLeanne.Kunz%40ig.com%7C5ecbfbe160b643dd6d8908db6345d32c%7C4b4cca9cedaf42f38e219070c5d9d76b%7C0%7C0%7C638212923760946338%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=cjsRsB%2Fr3M0EXJbalPAuC49EG1ny5%2Fs7zMZQemVXQLs%3D&reserved=0), and YouTube (https://eur01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.youtube.com%2FIGcom%2Ffeatured&data=05%7C01%7CLeanne.Kunz%40ig.com%7C5ecbfbe160b643dd6d8908db6345d32c%7C4b4cca9cedaf42f38e219070c5d9d76b%7C0%7C0%7C638212923760946338%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=gA2odFJUwTSZdFNIPq9CvJ9RaBT0SSneFk1b8v7VnCE%3D&reserved=0)  *Your capital is at risk. 75% of retail CFD accounts lose money*