BRFR Cake Stop 'breaking news' miscellany

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secretsqirrel

Senior Member
Apparently Carney wrote that speech himself.

He always comes across well.

I wish people had listened when he was Governor of the BOE during the Brexit years. Of course the response from certain quarters was sneering about project fear etc.

Hope people listen this time as its bigger.
 
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briantrumpet

briantrumpet

Shaman
Safe haven? 🤔

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briantrumpet

briantrumpet

Shaman
Nope, not me.
However her policies have at times caused spikes in the borrowing rates.
How could a chancellor destroy the gilt makets? The government need the gilt markets as that is the main way the borrow.

The gilt markets are the bond markets as far a government are concerned, and they can destroy the chancellor.

Apologies... though I'm pretty sure you've highlighted temporary spikes, though not commented on the return to calm.
 

Psamathe

Guru
I thought I read on here recently that Reeves had destroyed the gilt market (although I have to admit I really don't understand them despite having tried to read a bit about them).
Whilst I don't know the Guilts market, I suspect that it's US actions that are dominating and impacting the world economy at the moment so maybe little to do with UK domestic situation.
 
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