Central banks’ cross-purpose approach is bound to break, says Schroders’ Ron Insana

CNBC Television published this video item, entitled “Central banks’ cross-purpose approach is bound to break, says Schroders’ Ron Insana” – below is their description.

Ron Insana, senior advisor to Schroders North America, joins ‘Power Lunch’ to discuss how liability-driven investment programs caused illiquidity in the British bond market, the Bank of England’s quantitative easing to fight inflation and the energy crisis behind the current market environment.

CNBC Television YouTube Channel

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CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

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In This Story: Bank of England

The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government’s banker, and still one of the bankers for the Government of the United Kingdom, it is the world’s eighth-oldest bank.

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In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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