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Published on 20 Jun 2017
"Sterling
at 1.26-1.27 is fundamentally undervalued and we believe it should be
in the mid-1.30s, although that is contingent on the political cycle",
says Investec Chief Economist Phillip Shaw while sharing his view on the
BoE monetary policy, markets, UK economy and the British Pound.
Shaw agrees with Governor Carney that now is not the time to hike rates and says political uncertainty is a bigger risk to the UK economy than the inflation overshoot, which is likely to be a short-run phenomena.
Tip TV Finance is a daily finance show based in Belgravia, London. Tip TV Finance prides itself on being able to attract the very highest quality guests on the show to talk markets, economics, trading and investing, keeping our audience informed via insightful and actionable infotainment.
Shaw agrees with Governor Carney that now is not the time to hike rates and says political uncertainty is a bigger risk to the UK economy than the inflation overshoot, which is likely to be a short-run phenomena.
Tip TV Finance is a daily finance show based in Belgravia, London. Tip TV Finance prides itself on being able to attract the very highest quality guests on the show to talk markets, economics, trading and investing, keeping our audience informed via insightful and actionable infotainment.
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