The risk of a two-year recession in Britain | 07 Tháng mười một 2022

07 Tháng mười một 2022, GBP/USD

GBPUSD trading plan:

The risk of a two-year recession in Britain, flagged last week by the Bank of England, underscores the high stakes for Prime Minister Rishi Sunak and his finance minister Jeremy Hunt as they prepare to announce major tax increases and spending cuts. The BoE said that Britain's economy would shrink for eight three-month quarters in a row - the longest such run in at least a century - if interest rates go up by as much as financial markets have been expecting recently. That would be a longer and shallower economic contraction than the ones that followed the COVID-19 lockdowns and the global financial crisis of 2007-09. Against that backdrop, Sunak and Hunt must deliver a plan to repair the public finances that not only reassures investors who took fright at former prime minister Liz Truss's unfunded tax cut plans but which also limits the hit to the economy.

Investment idea: range 1.1270 -1.1390.

David Johnson
Analyst of «FreshForex» company
Đồng ý với đánh giá?
Ý kiến ​​của thương nhân:
Close
Đăng nhập
Trình duyệt của bạn không hỗ trợ cookie Nếu cookie đã bị vô hiệu trong trình duyệt Internet của bạn, bạn có thể gặp vấn đề với việc hiển thị Khu vực cá nhân. Cách bật hỗ trợ cookie .
manager photo manager photo
Online-support
Chúng tôi sẽ vui lòng trả lời bất kỳ câu hỏi nào bạn có thể có

Viết

Get bonus