" Sterling fell on Thursday, undermined by concerns of a "hard" exit by Britain from the European Union and Prime Minister Theresa May's comments on the impact of loose monetary policy which some saw as a thinly-veiled attack on the central bank.
May, in a speech to the party faithful on Wednesday, raised the issue of the side effects of ultra-low interest rates and money-printing.
Although her spokesman later played down suggestions that the speech signalled changes ahead in monetary policy, it led to speculation the government was against further cuts by the Bank of England, given the adverse impact on savings and pensions..."
Politicians firing warning shots at CBs -- pay attention or they find out not as independent as they thot
LONDON SFH 11:33:02 GMT - 10/06/2016
nh-That would be such a positive move...lets take the CBs back under Govt control and at the same time go all protectionist on trade....
Livingston nh 11:48:35 GMT - 10/06/2016
SFH - things run in cycles - Fed for instance is running an emergency policy long after it was appropriate - these folks at CBs are NOT bankers; remember they are ECONOMISTS
Draghi, Yellen, now Carney taking flak -- we'll see
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Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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