Posts Tagged: QE 3

The Great Britain Pound has been faced with a difficult time today as a result of the fact that the economic growth has downgraded intensely. The situation in the entire world is rather difficult at the moment, with most of the countries being faced with a slow rhythm of growth and with sovereign debt problems which increases the concerns of the traders.

The fall of the Great Britain Pound comes as a result to the report of the UK Government today which indicates the fact that Britain’s economy has had a slower pace of growth lately, smaller than the one which has previously been estimated. This has increased the concerns related to which the Great Britain’s economy is very likely not to be able to survive without additional stimulus.

The report indicated the fact that the UK’s gross domestic product in the first quarter was changed from 0.2 percent to 0.1 percent. This has also occurred Read more »