Remember this? Base case is now no-deal Brexit - Barclays. It just got worse.

Author: Eamonn Sheridan | Category: Central Banks

Adam had the info yesterday on Barclays forecasting a UK recession and hefty rate cuts from the Bank of England 

Well, Barclays have cranked it higher now, expecting deeper cuts from the FOMC because of the Brexit recession.
  • forecasting 3 Fed rate cuts by the end of this year (Barclays were at another two only)
  • saying the no deal Brexit will be an added drag on global growth


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