Posts Tagged ‘UK budget’
The Budget Test: Will Sterling Sink or Stabilise?
Interest Rates & Inflation Snapshot Region Interest Rate Latest Inflation UK 4.00% 3.6% Eurozone 2.15% 2.1% US 4.00% 3.00% GBP – All Eyes on Thursday’s Budget Sterling starts the week steady, but markets are clearly nervous ahead of Chancellor Rachel Reeves’ first Budget on Thursday. The pound is still carrying a small risk premium, with…
Read MoreGBP Awaits Key Budget Update, EUR Pressured by Rate Cut Bets, USD Eyes Economic Data and Election Dynamics
GBP The UK budget announcement on Wednesday is expected to weigh on the Pound as markets anticipate potential increases in government spending and public debt. With economic challenges intensifying, any indication of aggressive fiscal policies or higher borrowing could erode investor confidence and apply further pressure on Sterling. If the budget fails to address concerns…
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