NewsMV
In focus for sterling and gilt watchers: Finance Minister Healey's assertion that the British economy is demonstrating resilience in the face of significant global uncertainty.
The statement places the official position against a recognized external pressure without attaching a specific metric to the resilience claim.
When a finance minister names global uncertainty as the backdrop and leads with resilience, the positioning trade is to take the floor offer.
What the statement does not supply is a number, a data point, or a benchmark against which the resilience is being measured.
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