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UK finance minister Hunt delivers Autumn Statement
- Fiscal plan of £55 billion, just under half coming from tax (the rest from spending)
- The early phase will support growth, with most austerity measures coming after 2024
- We will use fiscal policy to support the economy in the short-term
- OBR assesses that the UK is already in recession
Gilts aren't too happy despite Hunt delivering what is expected for the most part. 30-year yields are up 10 bps to 3.412% and that is w... Read More
Posted: Nov 17 2022, 11:43
Author Name: forexlive
Views: 091961