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Sterling Faces Important Week With Scottish Referendum, FOMC and Key UK Data

Sterling Faces Important Week With Scottish Referendum, FOMC and Key UK Data | ESRC press coverage | Scoop.it
The US Federal Reserve is scheduled to announce its policy rates on Wednesday. The statement and the press briefing by its Chair Janet Yellen are likely to provide clearer cues about the beginning of rate hikes in the world's largest economy, proving crucial for the currency market. In addition, the UK consumer price inflation data for August is due for Tuesday and the Bank of England minutes and the ILO unemployment rate on Wednesday. With rate hike speculation increasing in the UK, a vote split this time will be of even more importance.
ESRC's insight:

The discussion of UK currency reference's a report from the National Institute of Economic and Social Research, which receives ESRC funding.

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How Scottish Independence Relates to Larger Tax Fights

How Scottish Independence Relates to Larger Tax Fights | ESRC press coverage | Scoop.it

A debate over what currency an independent Scotland would use is part of a larger question over the advantages of large countries versus small ones.

ESRC's insight:

Cites findings from the latest Future of England Survey 2014 (FoES), the authoritative survey of English opinion on constitutional issues undertaken by researchers at Cardiff University and the ESRC Scottish Centre on Constitutional Change, based at the University of Edinburgh.


Article originally published 21 August 2014

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