22 October 2021 - Rate rise could end recovery

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Beyond Currency by CurrencyTransfer.com

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"Prime Minister Boris Johnson is refusing to face the prospect of the country’s recovery stalling as inflation, supply chain issues and rising cases of Coronavirus threaten to derail his plans. The latest data for Covid-19 infections shows that more than 50k new cases were reported in a day for the first time since July. This marks just the second time since January that the rate has reached that level. Hospital admissions are rising too, although fatalities remain lower than were seen the last time infections were at the current level. The Government is refusing to countenance a return to restrictions that were ended a few months ago. It is relying heavily on the booster dose of the vaccine. The data shows that the majority of those infected are either below twenty or over eighty. With the half-term break taking place next week, this may provide a natural firebreak in the lower category. " Beyond Currency Market Commentary: Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.