Britain’s economy may be the only one that contracts in 2023 according to the IMF’s latest quarterly assessment, dealing a blow to hopes that a recession can be avoided. The pound was the second worst performing currency after the yen last year amid an energy crisis, political chaos and a botched budget, which all added […]

The post UK Will Not Avoid Recession Says IMF; What Does this Mean for the Pound? appeared first on Action Forex.