Above: ECB president Christine Lagarde addresses the audience during the ECB Governing Council Press Conference on 21 July 2022, Frankfurt, Germany. Phot.
A recession in the U.K. might be around the corner according to the last estimate by the Bank of England. The British pound hit a new low of 1.2393 against the dollar
The news puts further pressure on the euro which dipped against the pound falling from 0.84 to 0.83 this morning. While the UK also faces surging inflation, the Bank of England has acted by raising interest rates in December after months of speculation. Jesús Cabra Guisasola, Senior Associate at Validus Risk Management, suggested the euro […]
Commenting on the market reaction to a surprise increase in Eurozone CPI, Jesús Cabra Guisasola, Senior Associate at Validus Risk Management, said: “The euro area's headline in
US, UK treasurers set to benefit from better returns on short-term investments, with interest rate hikes expected next year bobsguide.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bobsguide.com Daily Mail and Mail on Sunday newspapers.