European Markets by Peter Schaffrik: September 2020

By Peter Schaffrik
Published September 16, 2020 | 6 min watch

A monthly update on the European economy

This month we focus on the UK economy, the Bank of England and markets. The UK will be in uncharted territory over the coming months with both the end of the furlough scheme and the final weeks of the Brexit negotiations looming. 2021 will be where we see the Bank of England implementing negative interest rates for the first time ever, with significant implications for markets.

In this second edition of my monthly video series I am delighted to be joined by our UK Economist Cathal Kennedy.


Peter Schaffrik

Peter Schaffrik
Chief European Macro Strategist, RBC Capital Markets


Bank of EnglandBrexit billBritish poundFurlough schemeUK economyinterest rates