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In already formally notifying its withdrawal, the UK has therefore put itself into a position where it can no longer influence which version of the ECT it will sail into the sunset. Indeed, the ECT’s contracting parties had negotiated a “flexibility mechanism” for the modernized ECT. Germany and France), the UK’s case is special.
will eventually ease monetary conditions to influence a lowering of interest rates. [15] And, if bond investors will only purchase Government debt at elevated interest rates, that will influence the interest rates across the wider economy—working against any moves that the Fed. treasuries. [13] 13] , [14] Think of it this way.
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