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Bank of England’s surprise move was smart – but the U.K. government still faces big challenges

Por: MarketWatch Politics September 29, 2022

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Viewed with this narrow lens, the BOE has drawn a line that is likely to hold. Further, the U.K.’s current problems won’t trigger a broader global crisis. While the move does not solve the many economic challenges faced by the U.K., it buys policy makers time to address those challenges. To take a step back, the U.K. economy has deteriorated meaningfully over the last year on a combination of high inflation, slowing growth, war in Ukraine... + full article



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