Financial News

BOE’s King Says Higher Interest Rates Would Exacerbate Debt Woes

Taking a page from the Fed’s playbook? The BOE has seen the Fed effectively scare portfolio managers and speculators out of the dollar with QE, which they know does nothing apart from just that, and may in fact even be fundamentally supportive of the dollar. So desirous of a weaker currency, why not make a knowingly [...]
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