Brexit’s Longer-Term Economic Waves Could Take Years to Play Out - News Summed Up

Brexit’s Longer-Term Economic Waves Could Take Years to Play Out


The U.K.’s decision to quit the European Union rocked global equity and currency markets Friday, but the full impact to the wider economy may take years to play out. In the U.S., concern that deeper unrest in Europe will wash over the global economy threatens to further damp business investment and erode consumer confidence. At the same time, a rising dollar will make imports cheaper, and uncertainty could help keep mortgage rates...


Source: Wall Street Journal June 24, 2016 23:02 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */