This short piece focuses on Charts 1 and 2. The first maps the path taken since 1970 by sterling, as measured by a trade-weighted index, this charted alongside UK Consumer Price Inflation (CPI). In the second, we see the pound’s eventful ebbs and flows plotted against the UK base rate. By taking a...
The Economist
Three very British ‘shocks’ and a uniquely British upturn
Three very British ‘shocks’ and a uniquely British upturn
read more
