Let's Talk Sterling Recovery, UK Economic Prospects: FX Moment

In our latest FX Moment podcast, host Audrey Childe-Freeman, Bloomberg Intelligence chief G-10 FX strategist, discusses her still-positive sterling outlook and revisits the UK's near-term cyclical dynamics and longer-term structural considerations with Dan Hanson, senior UK economist at Bloomberg Economics. The pair acknowledge the better-than-expected backdrop that's helped sterling year to date and discuss the risks to the UK's economic outlook, with implications for monetary policy and the pound. Hanson also explains the main longer-term challenges facing the UK economy, in particular regarding productivity and fiscal considerations. Beyond unexpected economic resilience thus far this year, there are other reasons supporting a more upbeat pound outlook, including improving post-Brexit UK-EU relations.