Harrison: Fiscal Loosening Difficult for U.K., Europe

The transcript discusses the global economic adjustments influenced by Trump economics, focusing on the impact on the UK's fiscal policies and the Chancellor of the Exchequer's autumn statement. It highlights the need for adjustments due to changes in interest rates and inflation, affecting fiscal policies and potential political giveaways. The discussion extends to global fiscal challenges, emphasizing the difficulties faced by countries outside the US, including the UK and European nations, in implementing fiscal loosening.

What global economic adjustments are mentioned in relation to Trump economics?

How might the autumn statement adapt to higher interest rates and inflation?

What changes in gilt yields are referenced, and how do they affect forecasts?

What political implications arise from the loss of fiscal dividends?

What fiscal challenges are anticipated for countries outside the US?