BVTV: What a week that was. Powell, US tax reforms, and BoE hike
There was no shortage of topics up for consideration for today’s BVTV: Jerome Powell’s nomination as next Fed chair, further clarity around President Trump’s much touted US tax reform plans, and the UK’s first interest rate rise for 10 years.
With Powell’s nomination very much perceived as preserving the US monetary policy status quo, it’s the latter two developments that I have focused on this morning. Which companies will prove the biggest beneficiaries of Trump’s tax reforms, and what impact will the Bank of England hike actually have on the UK’s real economy? Watch this week’s episode for our latest thinking.
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