The Week: Is The Economic Pain Still To Come?

Today, are we in for a winter of financial hope or pain? The Bank of England has held interest rates at 3.75% in a move which might come as some relief for mortgage holders. However the Bank’s governor has warned about high energy costs coming down the line. The move comes in contrast to the the US Federal Reserve increased interest rates for the first time in more than three years. So what does this say about the UK economy? And, for the impact on the cost of living in Winter? Adam, Chris and Faisal are joined by Stephanie Flanders, head of Economics and Government at Bloomberg. You can now listen to Newscast on a smart speaker. If you want to listen, just say "Ask BBC Sounds to play Newscast”. It works on most smart speakers. You can join our Newscast online community here: https://bbc.in/newscastdiscord Get in touch with Newscast by emailing newscast@bbc.co.uk or send us a WhatsApp on +44 0330 123 9480. New episodes released every day. If you're in the UK, for more News and Current Affairs podcasts from the BBC, listen on BBC Sounds: https://bbc.in/4guXgXd Newscast brings you daily analysis of the latest political news stories from the BBC. The presenter was Adam Fleming. It was made by Anna Harris with Joe Wilkinson. The social producer was Gabriel Purcell-Davis. The technical producer was Michael Regaard. The assistant editor is Chris Gray. The senior news editor is Sam Bonham.