Beyond Currency

10 June 2022 - High growth, low inflation on the way


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Prime Minister Boris Johnson has emerged from yet another near-catastrophe wounded but not yet mortally and has regurgitated a former vote winning policy in an effort to relight voter confidence in his Government.
Having survived a vote of confidence in which 148 of his MPs polled in favour of him being removed from office, it now seems to be a long way back.
As the economy begins to slow into what looks like stagnation, Johnson faces a major job to repair the damage of Brexit and the Pandemic while also trying to repair his own scandal hit reputation.
He will be unsure of the support of his senior colleagues who may see him as a useful stopgap while the economy goes through a cost of living crisis that may well worsen before any recovery begins.
There is an air of MPs biding their time, allowing Johnson even more rope to hang himself, in the knowledge that he will surely oblige.
Beyond Currency Market Commentary:
Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.
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