UK's Hammond says he can not be certain that economics alone will dictate Brexit talks
UK fin min Hammond out on Reuters 25 Oct
Can't be certain ? Come on, no chance. What is it with these eejits?
There is a whole raft of issues that need to be discussed/overcome.
- QE has been highly effective
- no request for QE has ever been refused
Never refused? Should that even be a comment? BOE independence et al. We know though that Carney has been less than impressed by the govt leaning on his shoulder.
- WTO terms would be quite challenging for some UK industries such as auto makers
Roll on March
Hammond - Brexit may not be just about finance