This is the latest in my series of podcasts explaining how economics works in the credit crunch and now virus pandemic era. This week I give my thoughts on why isn't the Gilt market responding positively to the news that there will be rate cuts next year and the most recently inflation figures are lower than expected? given that Government borrowing exceeded forecast again last month, are you worried - and how do you think the situation is likely to play out (and when)? Will the debacle over EuroClear frozen Russian assets have a long lasting effect on foreign funds placed within the EU or will the sensible decision last night to back off confiscating Russian assets reassure the ME and Asia countries? ‘The Bank of Japan has raised its interest-rate to 0.75%.As it did so will all the enthusiasm of an Arsenal fan supporting Spurs the Japanese Yen has fallen more than a big figure to 156.88.’
Q: your X. What do you think their motives are, ‘going for an export drive’?
