Tag Archives: Official: There Is No Time Like The Present

John Ward – Official: There Is No Time Like The Present – 7 November 2013

JohnWThe Bank of England says it is going to eschew raising interest rates until a recovery that doesn’t exist is better established.

Ambrose Evans-Pritchard asks if Italy is about to join a deflation club that isn’t apparent on the ground.

And Mario Draghi has cut interest rates further still to encourage lending by capital that took flight from the eurozone six weeks ago. Continue reading