Brown 'Giveaway' Budget Ruffles Few Feathers On Threadneedle Street
MARKET NEWS
LONDON -- The UK media dubbed last week's budget the most generous since 1988 -- but there was little for the Bank of England's Monetary Policy Committee (MPC) to get too concerned about.
The budget, delivered by chancellor of the exchequer Gordon Brown, is likely to have little bearing on the future direction of UK monetary policy, City of London observers told FX Week.
"He [Brown] has been very prudent and has not gone overboard with spending," said Stacey Seltzer, foreign exchange economist at
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe
You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.
You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@fx-markets.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@fx-markets.com