The pound is recovering as the Chancellor’s budget brings back economic credibility and after UK retail sales unexpectedly rose in October. Still, with taxes and interest rates rising and double-digit inflation, the outlook is bleak. ·         Fed official James Bullard sees Fed peak interest rates at 5%-7% ·       … Continue reading GBP rebounds after Budget inspired declines & stronger retail sales – Daily Market Brief, November 18, 2022 →Read more