UBS On-Air: Market Moves

UBS On-Air: Paul Donovan Daily Audio 'The British are coming'

April 30, 2026·3 min
Episode Description from the Publisher

Despite King Charles reassuring US members of Congress that there was no “rearguard action” to re-establish control, the Federal Reserve has acquired a distinctly British accent. Four dissents (in two directions) is a straightforward Bank of England imitation (economics is always more convincing in a British accent). Fed Chair Powell pledged to remain in office as a governor.

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