The Independent: UK Bank deputy chief warning
Bank deputy chief warns of market trouble to come by Ben Russell, Political Correspondent and Sean O’Grady Britain is facing the risk of renewed turmoil
Bank deputy chief warns of market trouble to come by Ben Russell, Political Correspondent and Sean O’Grady Britain is facing the risk of renewed turmoil
Major themes intact: weak economy higher prices Weakness: US demand soft but supported by exports. US export strength resulting from non resident ‘desires’ to reduce
The desire to accumulate $US financial assets has been diminished for at least the following reasons: Treasury policy – Paulson is actively pushing both a
Crisis may make 1929 look a ‘walk in the park’ Telegraph by Ambrose Evans-Pritchard As central banks continue to splash their cash over the system,
It’s about price, not quantity. CB’s don’t alter net reserve positions – they ‘offset operating factors’ and set interest rates. Fed to redeem $14.02 bln