The Impact Of Liz Truss Resigning (Podcast)
Bloomberg Intelligence
00:00
Is the Pound Bound for Parity?
Bloomberg's John Micklethwaite says the resignation of Liz Truss as UK prime minister is worst economic blunder in recent memory. "I can't imagine a situation that was worse than this," he adds. The British economy moves forward by accepting a somewhat higher level of inflation and also therefore a lower level for the pound, author writes.
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