2min chapter

Moody's Talks - Inside Economics cover image

Poor Policy, Plunging Home Prices, and a Plummeting Pound

Moody's Talks - Inside Economics

CHAPTER

What's Going on in the Uk?

The markets are calmer because of the bank of england's decision, toby ce to buy bonds. And it was ignited when the new british government announced a very large a fiscal packagea deficit financed, as they would say here, unfunded. So investors, global investors, seeing all that, balked and said, what the heck are you doing?

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