{"id":219894,"date":"2025-02-19T21:05:14","date_gmt":"2025-02-19T21:05:14","guid":{"rendered":"https:\/\/www.newsisc.com\/videos\/inflation-hits-3-what-it-means-for-uk-economy-expert-explains\/"},"modified":"2025-02-19T21:05:14","modified_gmt":"2025-02-19T21:05:14","slug":"inflation-hits-3-what-it-means-for-uk-economy-expert-explains","status":"publish","type":"post","link":"https:\/\/www.newsisc.com\/videos\/inflation-hits-3-what-it-means-for-uk-economy-expert-explains\/","title":{"rendered":"Inflation hits 3% &#8211; what it means for UK economy | Expert explains"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/i4.ytimg.com\/vi\/cyEsOrMO77M\/hqdefault.jpg\" alt=\"Inflation hits 3% - what it means for UK economy | Expert explains\"><br \/> <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/cyEsOrMO77M\" frameborder=\"0\" allowfullscreen><\/iframe> <\/p>\n<p>The Bank of England is warning that its ambition to chase the inflation rate down to 2 per cent has suffered a setback.<\/p>\n<p>(Subscribe: https:\/\/bit.ly\/C4_News_Subscribe) <\/p>\n<p>An unexpected rise in last month&#8217;s rate has taken it back to 3 per cent. The increased cost of food was part of the reason, but higher plane fares, and rising private school fees have also contributed.<\/p>\n<p>We look at the impact rising prices are having on UK consumers and speak to leading economist Mohamed El-Erian about what the troubling figure means for the UK\u2019s struggling economy.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<br \/>\nFollow us:<br \/>\nFacebook &#8211; https:\/\/www.facebook.com\/Channel4News\/<br \/>\nTwitter &#8211; https:\/\/twitter.com\/Channel4News<br \/>\nTikTok &#8211; https:\/\/www.tiktok.com\/@c4news<br \/>\nInstagram &#8211; https:\/\/www.instagram.com\/channel4news\/<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bank of England is warning that its ambition to chase the inflation rate down to 2 per cent has suffered a setback. (Subscribe: https:\/\/bit.ly\/C4_News_Subscribe) An unexpected rise in last month&#8217;s rate has taken it back to 3 per cent. The increased cost of food was part of the reason, but higher plane fares, and [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":219895,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[128813],"tags":[128886,128887,129338],"actors":[],"class_list":["post-219894","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-channel-4-news","tag-bank","tag-england","tag-warning"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Inflation hits 3% - what it means for UK economy | Expert explains | News ISC Videos<\/title>\n<meta name=\"description\" content=\"Watch Inflation hits 3% - what it means for UK economy | Expert explains for free, here on News ISC. 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