[BoE] Governor sees policy rate going up six-fold by 2017 goo.gl/gQnqZl Deleveraging in the Eurozone and the United States will continue apace toward 85~90 per cent of income as pre-crisis; when that coincides with the end of tapering and the beginning of rate hikes, we will see wholesale reversal of fortunes -- inflation and hawkish responses. Emerging markets complain now for flight of capital -- they will drop to their knees when the moment of truth comes around.
Posted on: Thu, 13 Mar 2014 08:59:28 +0000
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