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Can Carney do more to stabilise Brexit Britain? Bloomberg TV

Summary:
October 5th, 2016 Ann Pettifor spoke on a Bloomberg TV panel with Gerard Lyons, Ambassador Paquale Terracciano and host Francine Lacqua on The Pulse.  The U.K. services industry recorded a decent expansion in the first month after Brexit, all but scrubbing the chances of the U.K. economy contracting in the third quarter. The data make it more likely that that Bank of England’s Monetary Policy Committee will refrain fromeasing further this year, although policy makers will want to see the services PMI for September, released next week, before drawing any conclusions. Watch the full discussion here.

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October 5th, 2016

Can Carney do more to stabilise Brexit Britain? Bloomberg TV

Ann Pettifor spoke on a Bloomberg TV panel with Gerard Lyons, Ambassador Paquale Terracciano and host Francine Lacqua on The Pulse.  The U.K. services industry recorded a decent expansion in the first month after Brexit, all but scrubbing the chances of the U.K. economy contracting in the third quarter. The data make it more likely that that Bank of England’s Monetary Policy Committee will refrain fromeasing further this year, although policy makers will want to see the services PMI for September, released next week, before drawing any conclusions.

Watch the full discussion here.

Ann Pettifor
I’m Ann Pettifor, author and analyst of the global financial system, and co-author of The Green New Deal (2008). I predicted an Anglo-American debt-deflationary crisis back in 2003, and in September, 2006 published The Coming First World Debt Crisis (Palgrave). I am known for my work on the sovereign debts of low income countries and for leading an international movement for the cancellation of debts, Jubilee 2000.

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