BoE unlikely to master inflation and recession without damaging GBP – Commerzbank GBPUSD BOE Inflation UnitedKingdom Banks
Sterling got a right old battering yesterday. Economists at Commerzbank expect GBP to continue struggling for the time being.“The ONS announced that government deficit in December was higher than had been expected. The budget data rightly constitutes a GBP negative factor. Because against their background, real“For none of the economic areas for which our economists produce projections is theas pessimistic as for the UK.
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