economic growth

Forecasting the Pound’s Worth in 2023: Considerations to Examine

  Analyzing the Impact of Trade Deficit, Brexit, Monetary Policy, and Global Economy on the Pound’s Value. The UK’s trade deficit has taken a concerning turn, widening significantly to £6.58 billion in May, marking the largest gap since December 2022. A closer examination of the data reveals a combination of factors contributing to this economic […]

Balancing Act: Bank of Japan’s Inflation Forecast

The Bank of Japan (BoJ) is currently contemplating a significant increase in its 2023 inflation forecast. Currently at 1.1%, some analysts believe it’s too conservative.