Are Taylor Swift and Beyoncé to Blame?
Patrick Boyle On Finance - A podcast by Patrick Boyle
Send us a textIn Europe’s battle against inflation, new villains have emerged: Beyoncé and Taylor Swift!Last month, as Beyoncé kicked off her world tour, fans flocked to Sweden from around the world for the shows, pushing up prices for hotel rooms. This could explain some of the reason Sweden’s inflation rate was higher than expected in May according to Michael Grahn, an economist at Danske Bank.Why after a series of interest rate hikes and a surge in the price of essential goods like food an...