One Word for the UK Economy: Stagflation
One Word for the UK Economy: Stagflation
Richard Matthews from one.io sat down with Blake Morrow to discuss the following the rate expectation swings the market is seeing in the US rates market pricing in less cuts this year. Richard has been steadfast since last year thinking that the next move from the FOMC would be higher, not lower.
He also discusses the UK economy, and says that the UK is in stagflation and talks about how it will affect its currency against the Euro and the US Dollar.
He also gives his recent thoughts on Bitcoin’s price action.
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