cover of episode Barclays: More Pain Ahead for Sterling (Audio)

Barclays: More Pain Ahead for Sterling (Audio)

2022/9/29
logo of podcast Bloomberg Daybreak: Europe Edition

Bloomberg Daybreak: Europe Edition

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Shownotes Transcript

William Hobbs, Chief Investment Officer at Barclays Bank, says the UK government needs to clarify its medium-term fiscal plans to reassure the markets, but that "sterling is going to have to take more of the pain". He tells Bloomberg's Caroline Hepker and Stephen Carroll that markets are overestimating hikes in Bank of England interest rates. See omnystudio.com/listener) for privacy information.