The news is not good. The lower £ doesn't appear to be having the expected impact
http://news.sky.com/story/uk-trade-deficit-hits-record-high-in-august-as-imports-jump-11074656
Showing posts with label J curve. Show all posts
Showing posts with label J curve. Show all posts
Tuesday, October 10, 2017
Sunday, February 12, 2017
What effect has the 15% devaluation of the £ had on the current account?
Not a lot yet, it would appear; time lags in operation?
https://espresso.economist.com/c9d9edbf9b9e23eb5d4819bbcce9b078
https://espresso.economist.com/c9d9edbf9b9e23eb5d4819bbcce9b078
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