The Bank of England will have to be “Higher for Longer,” thanks to Sunak!
The Bank of England will have to be “Higher for Longer,” thanks to Sunak!
Richard Matthews from one.io sat down with Blake Morrow to discuss the snap elections called by UK PM Rishi Sunak. He believes this puts the BOE in a unique position where they will have to keep rates higher for longer 9for political reasons). He gives his views on the UK markets, the Great British Pound and the US Dollar as well.
With the emergence of an Ethereum ETF he talks about the positive impact it will have on the crypto markets overall.
#trading_news #trading_analysis #trading_interview #tradersummit #markets #market_analysis #forex #forex_trading #forex_trading_interview #Richard_Matthews #OneIO #UK #Inflation #BoE #GBP #EUR #ECB #USD #Fed #Dollars #Bonds #Bitcoin
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