CIBC Says Prolonged Brexit Uncertainty Impacts Markets, BOE Policy

The transcript discusses the ongoing challenges in UK-EU trade negotiations, highlighting unresolved issues and their implications for markets and monetary policy. It examines the vulnerability of sterling and the market's expectations for a rate hike by the Bank of England. The discussion also covers political risks and economic outlooks, emphasizing the potential for political pragmatism to improve sterling's fortunes in the future.

What is the expected timeline for any outline agreement regarding the UK's trade arrangements?

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Discuss the potential political risks that may affect the UK economy in the next few months.

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