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11 AUGUST - Inflation, less of a concern than slowing the recovery
"Businesses in the UK are yet to find out what their part will be in the fiscal rebalancing that will be necessary as the country recovers from the Covid-19 Pandemic.
For that reason, bosses' union, The Confederation of British Industry is lobbying the Bank of England to hold off on any tightening of monetary policy until the burden on industry is known.
It seems that in common with other nations, UK businesses believe that inflation is the lesser of two evils when compared to the issue of the country’s recovery.
Businesses in the UK are yet to find out what their part will be in the fiscal rebalancing that will be necessary as the country recovers from the Covid-19 Pandemic.
The Bank of England has elevated itself to possibly the most hawkish of the G4 Central Banks following its most recent advance guidance on monetary policy.
"
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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By CurrencyTransfer
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"Businesses in the UK are yet to find out what their part will be in the fiscal rebalancing that will be necessary as the country recovers from the Covid-19 Pandemic.
For that reason, bosses' union, The Confederation of British Industry is lobbying the Bank of England to hold off on any tightening of monetary policy until the burden on industry is known.
It seems that in common with other nations, UK businesses believe that inflation is the lesser of two evils when compared to the issue of the country’s recovery.
Businesses in the UK are yet to find out what their part will be in the fiscal rebalancing that will be necessary as the country recovers from the Covid-19 Pandemic.
The Bank of England has elevated itself to possibly the most hawkish of the G4 Central Banks following its most recent advance guidance on monetary policy.
"
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.