Comment on Brexit Hits Fragile Global Economy, Putting Federal Reserve In A Bind

Brexit Hits Fragile Global Economy, Putting Federal Reserve In A Bind

The unexpected U.K. vote to leave the European Union has predictably set off a flight to safety, sinking global equity markets and Treasury yields, while boosting the value of the dollar. The immediate consequences are the opposite of what the weak global economy... ...the U.K. only accounts for about 2.4% of global GDP...

 

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