In the course of the previous thirty day period, we have observed constant bulletins from the Bank of England forecasting a deep recession, with inflation skyrocketing more than 13% and power costs maybe acquiring out of hand.
Downing Street and the British Parliament have stepped in capping electrical power charges, but that is a bold shift which could deliver back again times like the 1992 George Soros demand towards the BoE.
But how did the Uk obtain itself in this predicament? Is there any likelihood to revert the downward spiral in the pound?
Allows uncover out!
Sorry men but with my comprehensive time do the job at the ECB, sometimes I you should not have the power or time to upload videos extra often … I will try out my very best to convey much more content material faster!
Instagram : @LearnEconomics
#LearnEconomics #Macroeconomics #ukeconomy #stockmarket