Bank of Japan Delivered Much-Anticipated Status Quo

Markets “Overall borrowing between 2024-25 and 2028-29 is higher than the March forecast by £142.2 billion, an average of £28.4 billion a year. This represents one of the largest fiscal loosenings of any fiscal event in recent decades.” It’s the UK Office for Budget Responsibility’s summary of Chancellor Reeves autumn Budget yesterday. UK gilts initially […]

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