Neville Prior

Global Interest Rates

Neville Prior  25 June 2013 02:02:24 PM
If any of you follow the outgoing Governor of the Bank of England, this won't be news..............

In his last speech in position, Sir Mervyn King put some context to the announcement from the Fed that seems to have the markets all of a jitter. He claims that QE in the States will not end, simply have the level reduced. Interest rates will not increase for a long while yet, as economic growth is not yet sustainable.

In other words "keep calm"...................
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