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UK Chancellor Denies Misleading Public on Govt Financial Situation, Claims Current Fiscal Buffer Extremely Thin
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UK Chancellor Rachel Reeves denied misleading the public over official forecasts ahead of this month's budget, emphasizing the need to establish a larger fiscal buffer space. Reeves expressed pride in the recently announced budget during an interview with the BBC. In an interview with Sky News, she said that expanding the historically weak fiscal buffer is her primary concern. Therefore, she must deliver a tough message to the public. The buffer does not allow the Bank of England (BoE) room to continue cutting interest rates, Reeves added. AASTOCKS Financial News Website: www.aastocks.com |
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