IMF criticizes UK policy, Bank of England to make big response
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for PREMIUM VERSION HERE to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level4)]
The International Monetary Fund (IMF) openly criticized Britain’s new economic strategy on Tuesday, following another slide in bond markets that forced the Bank of England (BOE) to promise a “significant” response to stabilize the economy, reported Reuters.
The news increases the market’s fears of recession, especially in the UK and weighs on the GBP/USD prices. That said, the quote remains pressured around 1.0720 by the press time of early Wednesday morning in Asia.
[/s2If]
Join Our Telegram Group
