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TipTV BusinessAuthor: TipTV Business
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Is UK veering towards stagflation? - Tip TV
Thursday, 22 June, 2017
BoE’s uber dove Economist Haldane shocked markets by expressing readiness to vote for a rate hike later this year. Haldane’s hawkish stance puts him directly at odds with Governor Carney, who believes ‘now is not the right time to raise rates’. Marc Ostwald, Strategist at ADMISI sees heightened risk of stagflation if Carney’s view prevails. He adds, “The BoE at least needs to reverse last year’s 25 basis points rate hike”. Listen to the full segment as Ostwald and Tip TV Presenter Zak Mir discuss - UK political situation FX sentiment powered by Oanda The trade of the day Broker Recommendations #UK, #economy, #stagflation, #BoE, #centralbanks, #interestrates, #markets, #trading, #investing, #forex, #currencies, #equities, #stocks, #indices, #fundamentals, #macro, #commodities, #finance
