Pound Fundamental Forecast: UK Gov Support Provides Room for BoE Hikes - DailyFX

6/3/2022 12:00:00 AM2 years 11 months ago
by Richard Snow

The UK Government’s £15 billion support for lower income households bolsters the Bank of England’s rate hike path as it endeavors to reign in inflation

Pound Sterling Weekly Fundamental Forecast: Neutral

  • Fiscal support to ease BoE’s burden of hiking into weakness
  • UK retail sales and US inflation are major event risks next week
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