UK Spring Statement 2026 Constrained as Oil Hits $80 and US Fed Leadership Transition Looms
Chancellor Rachel Reeves faces a limited Spring Statement as Middle East conflict drives oil above $80, threatening UK inflation progress and rising gilt yields. The statement arrives amid monetary policy uncertainty with Fed Chair Jerome Powell's May 2026 term expiring, while US fiscal policy faces a Social Security crisis projected for 2032.
ViaNews Editorial Team (Europe)•