GBP negative arguments remain valid – Commerzbank GBPUSD UnitedKingdom Banks FiscalPolicy
Hunt’s scope to face down the looming recession with fiscal measures is very limited
“A recession that cannot be cushioned with fiscal measures will be deeper. And that in turn is likely to make it even more difficult for the“As understandable as it is that the FX market is trading Sterling at higher levels since Kwarteng’s plans have been consigned to the dustbin of disastrous economic plans and as much as jubilation could be caused today by Hunt avoiding these same mistakes one should nonetheless consider that the GBP negative arguments remain valid.
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