Quote:

---

The British government's plans to bolster economic growth by cutting taxes, especially for high earners, while spending heavily to protect households from rising energy costs has been resoundingly rejected by markets and economists, in part because of the large amount of borrowing it will require at a time of rising interest rates and high inflation. The International Monetary Fund unexpectedly made a statement about the British economy on Tuesday, urging the government to "re-evaluate" its plans.

---

Quote:

---

The British government's sweeping fiscal plan, presented without an independent fiscal and economic assessment, has sent investors fleeing from British assets. The pound fell to a record low against the U.S. dollar on Monday, and traders suspected that the central bank would be forced to raise rates quickly, which pushed up short- and long-term borrowing costs.

---

Quote:

---

The market turmoil and the central bank's intervention reveal the extent to which the government's plans are at odds with the bank's monetary policy goals. The government is trying to quickly generate economic demand, while the bank is trying to cool it to lower inflation.

---

Quote:

---

Just last Thursday, the central bank said it would initiate its plan to sell bonds back to the market as it tried to end the long era of easy money in its fight against inflation. It had insisted there would be a "high bar" for the bank to deviate from the plan,

---

Charismatic Megafauna said:

---

Trying so hard to sit on hands now. Have a couple free+ xsp put spreads, a free+ spy call spread, trimmed some cpe dec calls...
Seems to be funny business going on with the xsp put b/a, big money loading up before jpow?

---

Charismatic Megafauna said:

---

Bsg said he does? I didn't look for details

---

Charismatic Megafauna said:

---

Bsg said he does? I didn't look for details

---