UK Chancellor of the Exchequer Rachel Reeves discusses the balancing act she faces over increasing the headroom against her fiscal rules, saying, “I recognize that in a world as volatile as it is today, having a bit more of a buffer can help absorb shocks.” Reeves also discussed the need to get the balance right on taxes with Lisa Abramowicz on the sidelines of the IMF meeting in Washington. (Source: Bloomberg)
UK’s Reeves Hints at Increased Fiscal Buffer at Budget