Inflation 'will take money out of pockets'
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Inflation 'will take money out of pockets'

The pound has plunged in Asian trade, hitting a new 31-year low against the US dollar as traders speculate about a possible trigger.

Jane Foley, head of FX strategy at Rabobank, explains on the Today programme the reasons behind this and what impact the crash may have.

  • 07 Oct 2016