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Wilfred Frost
Wilfred Frost @WilfredFrost
9 Apr 25

RT @elerianm: These sorts of moves, if they continue, will force the hand of policymakers: In the US, the Federal Reserve will have to cu…

Wilfred Frost
Wilfred Frost @WilfredFrost
9 Apr 25

Very interesting. And credibility with financial markets is everything, so I’d say this makes it VERY hard for the government to reverse this position now that PM has been explicit even since tariffs introduced. Thus, the implication is either tax hikes or spending cuts in autumn

Robert Peston
Robert Peston @Peston

The prime minister has just told me that the chancellor’s fiscal rules are “iron clad and here to stay”, that “they won’t be changed”. This is his response to contagion from the shocking Trump-induced fall in US government bond prices, which has seen the interest rate for UK

Wilfred Frost
Wilfred Frost @WilfredFrost
7 Apr 25

RT @bespokeinvest: The S&P 500 has declined 4.7%, rallied 8.4%, plunged 5.45%, bounced 3.1%, and dropped 1.5%...and the market has been ope…